Directors Who Are Not as Directly Connected to the Firm

question 42

Multiple Choice

Directors who are not as directly connected to the firm but who have existing or potential business relationships with the firm are called:

• A)gray directors.
• B)independent directors.
• C)advising directors.
• D)inside directors.

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Definitions:

Negative Reinforcer

A stimulus whose removal or avoidance following a specific behavior increases the likelihood of that behavior being repeated in the future.

Extinction

Extinction in psychology refers to the diminishing of a conditioned response when the reinforcement is withheld; in biology, it pertains to the disappearance of species.

Conditioned Response

The learned response to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus.

Preparedness

The state of being readily equipped or in a state of readiness to confront and deal with various situations or challenges.