In Hills Hotel, the problems started when the top managers are no longer willing to bear the responsibility of their decisions. They started asking for a substantial amount of stock in the Hotel. According to them, once they become stockholders, then this will boost their motivation. This can be referred to as: Strategic leadership theory, O Interlocking management theory. Codetermination Agency theory Some of the board directors are not really employed by the corporation, but handle the legal work for Boustani Group. These directors are called: Consultant directors Affiliated directors Retired executive directors None of the above In the last board of directors' meeting at D2D, all the members agreed to have employees present in the board. The presence of some of D2D's employees on the board of directors is an example of: O Codetermination O Outside directors Retired executive directors Interlocking directorates Which one of the following statements is incorrect? O The CEO is the only decision maker in the board. Directors selected by the CEO might feel that they should go along with any proposal the CEO makes O There are some dangers in allowing the CEO free rein in nominating directors The CEO might select only board members who will not disturb the company's policies and functioning All of the following are true of the dual chair/CEO position, except: * It is being increasingly criticized because of the potential for conflict of interest. It endangers the ability to properly oversee top management, O it is more popular in American corporations than firms in the United Kingdom O Firms with a dual chair/CEO role have significantly better stock performance. 20. In their monthly meeting, the top managers of XYZ where discussing the most appropriate strategic planning approach. Samir, one of the newly appointed manager, confirmed that according to the research, in turbulent environments, the best type of planning is O Bottom-up strategic planning O Horizontal strategic planning Top-down strategic planning Concurrent strategic planning