Officers and directors of a corporation owe to the corporation the subordination of their self-interest to the interest of the corporation and owe constant loyalty to the corporation. This duty is the:
A) fiduciary duty.
B) business judgment duty.
C) duty of indemnification.
D) duty of diligence.
A
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Two prominent features of the strategic plan are sales forecasts and the mission statement.
Answer the following statement true (T) or false (F)
A company's investment in accounts receivable is determined by the company's level of sales,
percent of credit sales to total sales, and credit and collection policies. Indicate whether the statement is true or false
Which of the following investments may be impacted by government actions?
A) stocks B) corporate bonds C) government bonds D) all of the above
Which of the following statements is true?
A. When planning change, the focus of attention remains the same at every level of the organization. B. When implementing change, the focus of attention remains the same at every level of the organization. C. Organization change affects each level of the organization differently. D. None of these.