A Member of a Corporate Board of Directors That Does

question 249

Multiple Choice

A member of a corporate board of directors that does not have a direct management role in the firm is known as

• A)a shareholder.
• B)an inside director.
• C)an outside director.
• D)a corporate governor.

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Definitions:

Raw Materials

Basic materials that are used in the production of goods, finished products, or intermediate materials that are feedstock for future finished products.

Labour

The human work effort, both physical and mental, used in the production of goods and services.