For the business judgment rule to apply, the manager must
a. be trying to resolve a conflict of interest.
b. have exercised extraordinary care in resolving the situation.
c. have acted in the best interests of the corporation.
d. prove he or she was aware of the decision being made.
c
You might also like to view...
The publisher of Lifting Life, a magazine and website about weightlifting, wants to develop a clear picture of how readers of the magazine and its competitors feel about the magazine
In order to accomplish this, Lifting Life will likely need to analyze ________ retrieved from social media posts related to weight lifting. A) optimized data B) structured data C) unstructured data D) market basket data E) converted data
In which of the following ways do the ethical theories compare or contrast with Lawrence Kohlberg’s six stages of moral reasoning?
a. Egoism does not correspond well to any of Kohlberg’s stages. b. Virtue ethics, the highest level ethical theory, matches Stage 6, Kohlberg’s highest. c. Utilitarianism can be seen in every Kohlberg stage. d. Cultural relativism is seen most strongly in Stage 1 because of all the cultural influences on early child development.
Name and give a brief description of two characteristics of team excellence as identified by Larson and LaFasto.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. A defensive lockout occurs when an employer refuses to allow employees to work to prevent losses from an expected strike. 2. Bayfield & Berry's, a large retail company, enters into negotiations with a union in September. With the holiday season a mere 3 months away, the company is fearful of a strike. To preempt such a strike and pressure the union into a favorable settlement, they decide to stage a lockout in October. This is an example of a defensive lockout. 3. It is legal for an employer to hire permanent strike replacements during a lockout. 4. At the end of the NFL lockout of referees, the NFL could have kept the replacement referees on staff without hiring back the union referees if they had wanted to do so. 5. The PATCO strike in 1981 is commonly recognized as a turning point for labor in that it marks the start of a rise in the use of permanent strike replacements as a way to break a union.