challenge(s) – n. a difficult task or problem
board(s) – n. a group of people who manage or direct a company or organization
diverse – adj. made up of people or things that are different from each other
formulate – v. to create, invent, or produce something by careful thought and effort
institution(s) – n. an established organization
regulation(s) – n. an official rule or law that says how something should be done
opportunity – n. an amount of time or a situation in which something can be done
respond – v. to do something as a reaction to something that has happened or been done