The Flow of Information from a Firm to Its Customers

question 31

Multiple Choice

The flow of information from a firm to its customers is referred to as what type of information flow?

• A) Environmental
• B) Internal
• C) Corporate
• D) External

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Definitions:

Corporate Power

The legal authority and inherent capacities that a corporation possesses to conduct business, enter into contracts, and own assets.

Board of Directors

A group of individuals elected to represent shareholders and make decisions on major company issues, including strategy, governance, and overall direction.

Board of Supervisors

A governing body elected or appointed to oversee the administration of county government in some U.S. states.

Corporate Officers

Individuals appointed to manage the day-to-day operations and strategic direction of a corporation, typically holding titles such as CEO, CFO, or COO.