The board of directors of Minerva Corporation has recognized the need for innovation. Several of the board members are strongly arguing for internal innovation, while other directors are in favor of acquiring another firm. The persons in favor of acquisition are probably
A) the CEO and chairman of the board.
B) outside directors with equity positions in the firm.
C) inside directors with equity positions in the firm.
D) outside directors without equity positions in the firm.
Correct Answer:
Verified
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