Which of the Following Is TRUE

question 75

Multiple Choice

Which of the following is TRUE?

• A)A director must take orders from the president of the company.
• B)A director is involved in the day to day running of the company
• C)A director is automatically a CEO (Chief Executive Officer)of a corporation.
• D)A director may be personally liable for torts that she commits on behalf of the corporation.
• E)Both B and D

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Definitions:

BCG Portfolio Analysis

A strategic business tool developed by the Boston Consulting Group to help organizations analyze and manage various products or business units based on their market growth rate and market share.

Phased Out

The gradual discontinuation or removal of a product, service, or technology.

Relative Market Share

An index that compares a company's market share to that of its largest competitor, indicating its market strength.

BCG Portfolio Analysis

A strategic management tool that classifies a company's business units or products based on market growth rate and market share relative to competitors.