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GOVERNANCE AND MANAGEMENT OF THE SERVICE POLICY Mandatory Quality Area 7PURPOSE This policy outlines the duties, roles and responsibilities of the Committee of Management1/Board of Maroon Preschool.
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Governance and management refers to the processes and structures through which an organization is directed and controlled.
Certain organizations, such as publicly traded companies, may be required to report on their governance and management practices.
The specific requirements for reporting on governance and management will vary depending on the jurisdiction and industry, but typically involve providing information on board composition, decision-making processes, and risk management.
The purpose of governance and management reporting is to provide transparency and accountability to stakeholders, such as shareholders, customers, and regulators.
Information that may need to be reported on governance and management includes board member names and backgrounds, executive compensation, board committees, and internal controls.
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