Which of the following is a key difference between governance and management in a REALTOR® association?

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Multiple choice — select the best answer

AThe board sets policy while staff implements it
BManagement makes all final decisions that governance approves
CGovernance handles day-to-day operations
DStaff sets the strategic direction for the organization

✓ Correct answer: A. The board sets policy while staff implements it Governance (board) focuses on setting policy, direction, and oversight, while management (staff) is responsible for implementing policies and day-to-day operations.

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Which of the following is a key difference between governance and management in a REALTOR® association?

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