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8090 [49]
3 years ago
12

Genevieve is a member of the board of directors and the chief financial officer of the shoe fits. under the duty of due care tha

t she owes the corporation, genevieve does not need to
Business
1 answer:
Marat540 [252]3 years ago
5 0

Answer:

Oversee every aspect of the business.

Explanation:

The duty of due care refers to the reasonable and prudent care that a company's executive should exercise when making business decisions. This doesn't mean that managers should be punished if they make mistakes, since everyone makes mistakes.

Management cannot oversee everything that happens in a business, imagine if the CEO would have to work in the front desk, manufacture products, answer the phone, sell the merchandise, etc, etc.

What separates negligence from due care is that the decisions made must have been under reasonable and prudent circumstances.

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Trust based on a person's competence would be summarized by this team member's affectionate statement towards another team membe
Maslowich

Answer:

The correct answer is:

I trust you to be able to accomplish this task (C)

Explanation:

First of all, you have to know the meaning of the word competence, and competence is a collection of related relevant abilities, know-how and skills required to act effectively on a job or situation. Which is a clear message passed by the speaker in the statement "I trust you to be able to accomplish this task", because the speaker knows that his team member possesses the right skills to carry out a task successfully.

The statement in option D ( "I trust you to do the right thing." ) also tells a little about competence because one of the definitions of competence highlights being sane, and one needs to be sane to do the right thing, but it is only second choice when compared to the statement in option "C".

Next time when you are faced with this kind of question, identify the keyword ( which in this case is competence), and use that to answer the question.

7 0
4 years ago
Why microeconomics is useful in business decision making? Explain​
adelina 88 [10]

Explanation: The study of microeconomics helps the decision makers to analyze and determine how the productive resources are allocated for various goods and services. It also helps in solving the producers' dilemma of what to produce, how much to produce and for whom to produce. <33

7 0
3 years ago
Read 2 more answers
Which of the following is the best reason to avoid bankruptcy
rosijanka [135]
I would go with C)it's harder to get credit if you have filed bankruptcy
8 0
4 years ago
Read 2 more answers
Find the total cost, rounded to the nearest cent, of 3.9 pounds of corned beef at $5.49 per pound and 4.6 pounds of pastrami at
Vanyuwa [196]

Answer: $44.18

Explanation:

Given the following :

Cost of corned beef per pound = $5.49

Cost of pastrami per pound = $4.95

Pound of corned beef = 3.9 pounds

Pound of pastrami = 4.6 pounds

Therefore ;

Total cost = (cost per pound × number of pound)

Total Cost of corned beef = 3.9 × $5.49 = $21.411

Total cost of pastrami = 4.6 × $4.95 = $22.77

Total cost of corned beef and pastrami :

$21.411 + $22.77 = $44.181

$44.18

8 0
4 years ago
If the price elasticity of demand for a product is equal to 0.5, then a 10 percent decrease in price will:
Scilla [17]
Increase quantity demanded by 5 percent
5 0
4 years ago
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