In Some Corporations, One Person Holds All Three Positions of CEO

question 7

Multiple Choice

In some corporations, one person holds all three positions of CEO, chair of the board of directors, and president, but it is more common for the CEO to

• A)alternate between the roles of board chair and president.
• B)serve also as either chair of the board or president.
• C)delegate responsibility to the chair of the board.
• D)appoint someone to serve as president.
• E)consult with both the board chair and president.

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Definitions:

Cognitive Bias

Systematic patterns of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they aim to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress.

Dow Jones Sustainability Index

A global index that tracks the performance of the world's leading companies in terms of economic, environmental, and social criteria.

Sustainability

The practice of maintaining processes or states in a way that does not deplete the resources used.