A(n) ____ is a formal linkage that occurs when a member of the board of directors of one company sits on the board of directors of another company.
A) joint venture
B) interlocking directorate
C) integration
D) indirect interlock

Question

Quizplus · Accepted Answer

An interlocking directorate is a formal linkage between two companies that occurs when a member of the board of directors of one company sits on the board of directors of another company. This can create potential conflicts of interest and raise antitrust concerns.

A(n) ____ Is a Formal Linkage That Occurs When a Member