The CEO of a Corporation Is Automatically the Chair of the Board

question 33

True/False

The CEO of a corporation is automatically the chair of the board of directors.

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Definitions:

Legalistic Authority

A form of leadership in which authority is largely tied to legal rules and principles, often embodied in a formalistic collection of rules.

Institutional Regulations

Rules and guidelines established by organizations or institutions to govern their operations and behavior of people within them.

Locked Down

A security protocol in which access to and from a facility or area is severely restricted.

Ad Hoc Discipline

A form of discipline implemented for a particular purpose or situation, often characterized by a lack of comprehensive planning or consistency.