Generally, a Board member who is a source of information about a firm's day-to-day activities is classified as a(n) ____ director.

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An inside director is someone on the board who is also an employee or executive within the company and has direct knowledge of its day-to-day operations. Lead independent directors are usually the head of the board and responsible for leading board meetings, while related directors have a familial or business relationship with another member of the company. Encumbered directors refers to those who have a potential conflict of interest due to outside commitments or financial ties.

Generally, a Board Member Who Is a Source of Information