Which of the Following Persons Can Be an Inside Director

question 32

Multiple Choice

Which of the following persons can be an inside director in an organization?

• A) a government official
• B) a professional director who holds positions on the board of many companies
• C) a full-time employee of the organization
• D) an executive of another company that operates in the same industry

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Definitions:

Sales Price

The final amount of money charged for a product or service, or the value that consumers are willing to pay.

Optimal Point

The most favorable position or condition that yields the maximum benefit or efficiency in a given situation, such as in investment or production.

Credit Policy

Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.