Rocco is a director of Spa Lids & Tubs, Inc Under the standard of due care owed by directors of a corporation, Rocco's decisions must be
a. unwavering and unquestionable.
b. arguable and defensible.
c. informed and reasonable.
d. perfect and unassailable.
c
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According to the text, which type of selling situation relies most heavily on building a relationship with the customer?
A) transactional B) straight re-buy C) strategic alliance D) consultative E) outbound telemarketing
Scotts Fertilizer has a 4-step program for lawn care. Each step features a different product. Scotts sells the fertilizer as a set containing one bag of each of the 4-step products. If Scotts decided to sell each product individually rather than as a set, it would be an example of which pricing strategy?
A. dumping B. minimal pricing C. dynamic pricing D. underpricing E. unbundling
Can an investment project of a foreign subsidiary that has a positive net present value when evaluated as a stand-alone firm ever be rejected by the parent corporation? Assume that the parent accepts all projects with positive adjusted net present values
What will be an ideal response?
A firm in financial distress that reorganizes through the bankruptcy process:
A) will continue to operate as a going concern throughout the entire process. B) must only have the reorganization plan approved by its primary creditor. C) cannot issue new securities to either creditors or shareholders. D) must file a reorganization plan within 90 days of filing the bankruptcy petition. E) must abide by the Section 363 provisions of Chapter 11.