A Person Hired by the Corporate Board of Directors to Assist

question 101

Multiple Choice

A person hired by the corporate board of directors to assist in and oversee the management of the day-to-day operations of a corporation is called a(n)

• A) shareholder.
• B) director.
• C) officer.
• D) employee.

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Definitions:

Variance

A statistical measure that represents the degree of spread or dispersion of a set of values from their mean.

Probability

The quantification of the probability that an event will happen, represented as a number ranging from 0 to 1.

Crashing

A project management technique used to reduce the time for project completion through the increase of resources on critical tasks.

CPM Network

Critical Path Method Network; a project management tool that outlines every task necessary to complete a project and the relationships between those tasks, helping identify the longest stretch of dependent activities and the time necessary to complete them.