Three months ago, Darren became a board member at Runswell, a publicly traded company. Two weeks ago, the board members discovered that Runswell's CEO is facing a lawsuit from a family member who accuses the CEO of theft. Based on what you have read, to what ethical standard should Darren and the other board members hold the CEO?

A. They must hold her to the highest ethical standards because the leaders of publicly traded companies must withstand intense public scrutiny.
B. If the board members are able to determine that the CEO is not a "bad apple," then they should give her their full support.
C. They should hold her to the same ethical standards that they would expect of any Runswell employee-no more, no less.
D. The board members must wait until the lawsuit results in a settlement or a guilty verdict.


Answer: A

Business

You might also like to view...

An in-market advertising research method that monitors a brand's performance and advertising effectiveness is:

A) emotional reaction tests B) copytesting C) cognitive neuroscience D) advertising tracking research

Business

One way to lock in buyers in a free market is to create a situation in which customers fear high switching costs.

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

Business

Compared to adapted global marketing, standardized global marketing ________

A) adjusts promotional efforts to address cultural differences in target markets B) results in additional marketing and manufacturing costs C) relies on social media to develop customer relationships D) usually results in diluted brand power over time E) uses the same marketing mix worldwide

Business

The law covering security interests in personal property is contained in Article ________ of the Uniform Commercial Code.

A. 4 B. 9 C. 3 D. 6

Business