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.

Question

Quizplus · Accepted Answer

While some corporations may have one person holding all three positions, it is more common for the CEO to serve as either the chair of the board or president, but not both. This allows for a separation of powers and prevents one person from having too much control.

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