The Boards of Directors of Very Large Corporations Are Composed

question 45

Multiple Choice

The boards of directors of very large corporations are composed of people who went to the same prep schools or Ivy League colleges; these connections exemplify what concept?

• A) Network
• B) Hierarchy
• C) Correlation matrix
• D) Group heterogeneity

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Definitions:

Attribution Theory

is a psychological theory focused on how individuals interpret events and how this relates to their thinking and behavior, particularly how they assign causality to events and actions.

Declining Economy

A period marked by a decrease in economic activity, leading to lower GDP growth, employment, and spending.

Expectation Theory

Expectation Theory, often related to motivation, suggests that individuals are motivated to act in a certain way based on their expectations of the outcome.

Procrastinate

The act of delaying or postponing tasks or decisions, often unnecessarily.