The Key Requirements of the Cadbury Code of Best Practice

question 6

Multiple Choice

The key requirements of the Cadbury Code of Best Practice state that

• A)boards of directors should include at least three outside directors.
• B)the positions of CEO and chairman of the board should not reside in the same individual.
• C)compliance is mandatory for public corporations,optional for listed non-public corporations.
• D)boards of directors should include at least three outside directors and the positions of CEO and chairman of the board should not reside in the same individual.

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Definitions:

Specialized Intellectual Abilities

Unique or distinct cognitive capabilities that are more developed in some individuals than others, allowing for exceptional performance in certain tasks or fields.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns, independent of acquired knowledge.

Reason

The capacity for consciously making sense of things, applying logic, and establishing and verifying facts.

Correlations

Statistical measures that describe the extent to which two variables change together, indicating a relationship or association between them.