Which of the Following Statements Is False

question 25

Multiple Choice

Which of the following statements is false?

• A) When the CEO is also chairman of the board, the nominating letter offering a seat to a new director comes from her. This process merely serves to reinforce the sense that the outside directors owe their positions to the CEO and work for the CEO rather than for the shareholders.
• B) Over time, most of the independent directors will have been nominated by the CEO. Even though they have no business ties to the firm, they are still likely to be friends or at least acquaintances of the CEO.
• C) Researchers have found the surprisingly robust result that larger boards are associated with greater firm value and performance.
• D) The CEO can be expected to stack the board with directors who are less likely to challenge her.

Differentiate between major-specific job market outcomes during economic fluctuations.

Identify factors contributing to market efficiency.

Calculate the opportunity cost related to personal decisions and economic transactions.

Relate the concept of opportunity cost to production and service outsourcing decisions.

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Definitions:

Alcohol

A psychoactive substance commonly found in beverages such as beer, wine, and spirits, known for its depressant effects on the central nervous system.

Depressant

A category of psychoactive drugs that reduce arousal and stimulation, affecting the central nervous system to slow down bodily functions.

Nervous System

A complex network of nerves and cells that transmit signals between different parts of the body, coordinating its actions and sensory information.

Activity Decrease

A reduction in the level of physical or mental action or the frequency of activities.