Who Is Responsible for Setting the Long-Range Objectives of a Corporation

question 37

Multiple Choice

Who is responsible for setting the long-range objectives of a corporation?

• A)Sole proprietors
• B)Preferred stockholders
• C)Board of directors
• D)Customers
• E)External auditors

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Definitions:

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, influencing the probability of behavior being repeated.

Classical Conditioning

A method of learning that happens when an environmental trigger is associated with a naturally existing stimulus, yielding a trained reaction.

Social Conditioning

The process by which individuals learn the norms, values, and behaviors acceptable to their society through social interactions.

Physical Conditioning

A process of training or exercise aimed at improving physical fitness, strength, and endurance.