The business judgment rule states that corporate directors and officers are liable to the corporation or its shareholders for even honest mistakes of judgment.

Answer the following statement true (T) or false (F)


False

Business

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The extent to which people believe they control their own fate through their own efforts is called their   

A. tolerance for ambiguity. B. locus of control. C. emotional stability. D. self-efficacy. E. self-monitoring.

Business

General Motors' executives work for a short time in some dealerships, and some dealership owners work in GM's dealer policy department. This strategy helps the company avoid conflicts with its dealers. This is an example of the ________ strategy

A) employee exchange B) dual compensation C) joint membership D) co-optation E) diplomacy

Business

Having good competitive intelligence about rivals' strategies and moves to improve their situation is important because

A. it identifies who the industry's current market share leaders are. B. it enables company managers to determine which rival has the worst strategy and how to avoid making the same strategy mistakes. C. it helps identify which rival is in which strategic group. D. it enables more accurate predictions about how long it will take a particular rival to copy most of what the strategy leader is doing. E. it allows a company to anticipate what moves rivals are likely to make next and to craft its own strategic moves with some confidence.

Business

In a random sample of 400 registered voters, 120 indicated they plan to vote for Candidate A. Determine a 95% confidence interval for the proportion of all the registered voters who will vote for Candidate A.

What will be an ideal response?

Business