A board of directors' fiduciary duty of loyalty requires that:
a. directors are morally upstanding people in their personal lives b. directors do whatever is necessary to make a profit
c. directors place the interests of the corporation before their own interests d. directors place their own interests before the interests of the corporation e. none of the other choices are correct
c
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A company with a regiocentric orientation is likely to utilize third-country nationals for its sales force in less developed countries
Indicate whether the statement is true or false
When a company that is performing R&D activities is acquired by another company, the acquiring company must allocate a portion of the purchase price to the R&D activities that are purchased, creating an intangible asset called
A) ?intangible development. B) ?in-process research and development. C) ?goodwill. D) ?start-up costs.
____ should be aligned not only with overall organizational goals but also with the firm’s reward and compensation plan.
a. Collations b. Performance standards c. Corrective actions d. Hurdle rate
Which of the following terms refers to a right to the use of another's property?
A. usus B. charter C. servitude D. comity