By Merging the Roles of the Chief Executive Officer and the Chairperson

question 93

True/False

By merging the roles of the chief executive officer and the chairperson of the board,the oversight provided by the board of directors is magnified.

---

Definitions:

Benefits To Consumers

Refers to the advantages or improvements in well-being and satisfaction that consumers experience from purchasing and using goods and services.

Externalities

Monetary consequences that reach beyond the primary parties, impacting others positively or negatively.

Tax

An essential fiscal demand or variant form of duty exacted from a taxpayer by a governmental institution, intended to sustain government expenditure and miscellaneous public financial requirements.

Externality

An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume.