If the Outcome of Event a Is Not Affected by Event

question 213

Multiple Choice

If the outcome of event A is not affected by event B,then events A and B are said to be

• A)mutually exclusive
• B)independent
• C)collectively exhaustive
• D)None of these choices.

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Definitions:

Interlocking Directorates

Are formed when an individual sits on the board of directors of two or more noncompeting companies.

Board of Directors

A group of individuals elected to represent shareholders and make decisions on major company issues, including corporate policies and strategic goals.

Non-Competing

Pertaining to elements or entities that do not engage in competition against each other, either within markets or sports.

Globalization

The method through which companies or various organizations gain international impact or begin to function globally.