Which of the Following Statements Is True About the Board

question 46

Multiple Choice

Which of the following statements is true about the Board of Directors?

• A) The Board members are directly elected by the employees of the company.
• B) The Board has no legal authority to hire, fire, and compensate the CEO.
• C) Some of the Board members hold positions on the boards of several companies.
• D) The Board has no power to nominate people for positions in management.
• E) Divisional and functional managers usually form the Board.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a position in a hierarchy.

Me

Refers to oneself; used by a speaker to refer to themselves as the object of a verb or preposition.

Course Materials

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Thomas Theorem

This theorem posits that if people define situations as real, they are real in their consequences.