Which One of the Following Parties Has Ultimate Control of a Corporation

question 42

Multiple Choice

Which one of the following parties has ultimate control of a corporation?

• A) Chairman of the board
• B) Board of directors
• C) Chief executive officer
• D) Chief operating officer
• E) Shareholders

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Definitions:

Successive Approximations

A behavioral training process that rewards actions that progressively more closely resemble the desired behavior.

Generalization

The tendency to respond in the same way to different but similar stimuli.

Discrimination

Unjust or prejudicial treatment of people based on characteristics such as race, age, sex, or disability.

Generalization

The process in which the effects of a learned behavior spread from the original situation to new situations or stimuli that are similar.