Which of the Following Is True of the Board of Directors

question 83

Multiple Choice

Which of the following is true of the board of directors in a public stock company?

• A) Votes at shareholder meetings determine whose representatives are appointed to the board of directors.
• B) Because shareholders generally have uniform interests, the composition of the board is generally a unanimous decision.
• C) The board of directors acts as a facilitator to convey interests of the stockholders to the management without any real authority.
• D) The functions of the board of directors are limited to ensuring the hiring and firing of CEOs.

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Definitions:

Actions

The process or state of acting or doing something, typically to achieve an objective or in response to a situation.

Freudian Concepts

Ideas and theories developed by Sigmund Freud, including the unconscious mind, defense mechanisms, and the psychosexual stages of development.

Empirically-Oriented Psychologists

Psychologists who rely on observation, experimentation, and statistical analysis to understand psychological phenomena.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.