A duty that requires directors and officers to not act adversely to the interests of the corporation and to subordinate their personal interests to those of the corporation and its shareholders is known as ________.
A. the duty of care
B. the duty of loyalty
C. the duty of obedience
D. self-dealing
Answer: B
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The objective-and-task method of setting a promotion budget is the most logical method because it forces management to articulate its assumptions about the relationship between dollars spent and promotion results
Indicate whether the statement is true or false
Which of the following are barriers to intercultural communication?
a. Ethnocentrism, stereotypes, and upward communication b. Chronemics, ethnocentrism, and body language c. Proxemics, language, and task goals d. Stereotypes, body language, and synergism
A large software manufacturer attempts to lock in customers by making it difficult for them to substitute their software with one from another company. The strategy used by the company is referred to as ________.
A. standardization strategy B. switching costs strategy C. bait-and-switch strategy D. low cost operation strategy E. marketing strategy
The evening before a union election, an employer held a company picnic for its employees. Attendance at the picnic was required and the company president gave a passionate speech urging employees not to vote for the union. The most likely reason the NLRB would consider this a violation of the NLRA is:
A. The picnic amounts to a captive audience meeting held within 24 hours of the election. B. The picnic could be considered an inducement or reward for not voting for the union. C. The president's passionate speech could be considered threatening. D. The employer did not violate the NLRA in any way.