
Under what circumstances does a DIRECT interlocking directorate exist?
A) When both management and the board establish corporate strategic management.
B) When a corporation's employees are included on its board.
C) Occurs when one or more individuals on one board also serve on a board of a second firm.
D) When all board members are also employed by the corporation.
E) When two corporations have directors who serve on the board of a third firm.
Correct Answer:
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