Merging the Roles of the Chief Executive Officer and the Chairperson

question 39

Multiple Choice

Merging the roles of the chief executive officer and the chairperson of the board is inadvisable because:

• A) the power of the board of directors increases.
• B) long-term goals typically replace short-term goals.
• C) the power of the chief executive officer decreases.
• D) the power of the stockholders is minimized.

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Definitions:

Metric System

A system of measurement based on multiples of 10.

Gram

A metric unit of mass equal to one thousandth of a kilogram, commonly used in scientific measurements.

Apothecary Equivalent

A term used to refer to the equivalent measurements or substances used in old pharmacy practices.

Fluid Ounce

A unit of volume used primarily in the United States to measure liquids, equivalent to approximately 29.57 milliliters.