Included on the Board of Directors of Microsoft Are Dina

question 110

Multiple Choice

Included on the board of directors of Microsoft are Dina Dublon,former chief financial officer of JP Morgan Chase,the president of Harvey Mudd college Maria M.Klawe,and the vice chairman of Bank of America Charles H.Noski.These three board members do not have a direct management role with Microsoft and are therefore referred to as

• A)inside directors.
• B)outside directors.
• C)competitive directors.
• D)honorary directors.

---

Definitions:

Payment to Labor

Compensation provided to employees in the form of wages, salaries, bonuses, and benefits for their work and services.

Marginal Revenue Product

Marginal Revenue Product (MRP) is the additional revenue generated from employing one more unit of a resource, such as labor or capital.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, keeping other inputs constant.

Package Store

A retail store that sells bottled or packaged alcoholic beverages for consumption off the premises, commonly found in some regions of the United States.