Members of Boards of Directors Are

question 39

Multiple Choice

Members of boards of directors are

• A) appointed by the Securities and Exchange Commission.
• B) elected by the shareholders as their representatives.
• C) elected by the public.
• D) only allowed to serve one term of four years.

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Definitions:

Intel

A multinational corporation and technology company known primarily for its semiconductor chips used in computer systems.

Time-Discounted Profits

The present value of future profits, taking into account the time value of money and the preference for receiving profits earlier rather than later.

Chip Production

The process of manufacturing integrated circuits (ICs) on semiconductor material like silicon.

Doomsday Machine

A hypothetical apocalyptic device capable of destroying all life on a planet, especially Earth, often used in discussions of nuclear war strategy.