1-

Under which circumstances does an indirect interlocking directorate exist? ( 3 Marks) *

When a corporation's employees are included on its board

When two corporations have directors who serve on the board of a third firm

When both management and the board establish corporate strategic management

When one or more individuals on one board also serve on a board of a second firm

2-

Azadea group added representatives from employee associations to the boards as part of union agreements. The presence of the employees on the board of directors is an example of: *

Outside directors

Codetermination

Retired executive directors

Interlocking directorates

3-

When the board of directors at Mouazen Corporation started looking for a new CEO to replace the past one who left the position unexpectedly, they identified the crucial characteristics of the new potential leader. Which of the following is NOT a key characteristic of executive leaders? *

To demonstrate confidence in the employees' abilities to meet the expressed high standards

To energizes the board to formulate strategy

To communicate high performance standards for all employees

To present a role for others to identify with and to follow

4-

Walid Bitar is the founder of Bitar Co. He serves as Chairman and CEO of corporation. He owns 45 percent of the outstanding stock. Should Bitar Co. consider a lead director? (3 Marks) *

Bitar Co. should not consider a lead director since a lead director creates a balance between the CEO and the Chair of the Board

Bitar Co. should consider hiring a family member

Bitar Co. should consider a lead director due to CEO duality

Bitar Co. should not consider a lead director due to the non-existence of CEO duality

5-

Directors at Fly Dubai Corporation serve terms of two years. Fly Dubai divided the board into classes and alternated elections so that only a portion of the board stands for election each year. This is called: *

Alternated election

Alternated board

Staggered board

Interlocking board