CEO Duality Refers To

question 52

Multiple Choice

CEO duality refers to:

• A) firms where there is both a president and a CEO.
• B) CEOs who sit on the Board of Directors of other firms.
• C) CEOs who hold office in more than one company.
• D) the situation where the CEO is also chairperson of the Doard of Directors.

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Definitions:

Variable Input

In economics, any resource or factor of production whose quantity can be changed in the short term to influence output.

Society Values

The principles, standards, or ideals shared by members of a society regarding what is desirable or important.

Marginal Revenue Product

Incremental income produced from the application of one additional unit of resources such as labor or capital.

Derived Demand

Demand for a commodity, service, etc., that is a consequence of the demand for something else.