A Board of Directors Has Three Formal Responsibilities: Appoint the Officers

question 43

Multiple Choice

A board of directors has three formal responsibilities: appoint the officers of the firm, declare dividends, and:

• A) write the firm's strategic plan
• B) conduct the annual meeting
• C) provide funding for the firm
• D) represent the firm in public relations activities
• E) oversee the affairs of the corporation

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Definitions:

Positive Reinforcer

An incentive that, when given following an action, enhances the probability of the action occurring again.

Punisher

An aversive stimulus that, when applied following a behavior, decreases the likelihood of that behavior occurring again in the future.

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that satisfies a basic biological need.

Punishment

A consequence aimed at reducing a particular behavior, often used as a behavioral modification technique.