1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksAgata [21]
2 years ago
13

Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that t

hey approve three new products: chili-flavored honey, seaweed-flavored honey, and black-licorice honey. Doug and his team have market tested the flavors, and they received positive reviews from focus groups. The board approves the flavors, which then fails miserably and cost the company thousands of dollars. If some shareholders sue the board for its decision to market the flavors, the board most likely will _____
Business
1 answer:
yuradex [85]2 years ago
6 0

Answer:

The board most likely will not be held responsible.

Explanation:

The board of directors can legally defend themselves based on the Business Judgement Rule. This rule in contained in the <u>Corporations Act of 2001 - Section 180.</u> It states that any decision made in regards to the business operations should be:

  • In good faith and not based on personal gain
  • In the best interest of the corporation
  • Based on information that supports the decision

For this particular case, the board based their decision on <em>previous market research</em> that received positive feedback.

You might be interested in
Adjusting entries affect
jeka57 [31]

I don't have enough data later

4 0
3 years ago
What is the difference between an employee and an entrepreneur?
sasho [114]

Answer:

Employees fall under a particular job category. Entrepreneurs create their own profile. Employees have to perform tasks according their respective job profiles. Irrespective of their interest, they are forced to work in an alien environment.

3 0
3 years ago
Read 2 more answers
Marine Expeditors has three divisions. Division A is the core of the business and represents 80 percent of the firm's operations
siniylev [52]

Answer: 100%

Explanation:

The Weighted Average Cost of Capital calculates the required return needed to fund any of the company's projects because it shows the cost of capital of raising funds for that project.

The cost does not increase or decrease based on the proportion of a business that a department is as any department/ project will incur that cost. The cost of the new project will therefore be the same as the company WACC.

8 0
3 years ago
Use the following questions to determine the firmâs correct strategic choice given the realities of its marketplaces and its pre
Valentin [98]

Answer:

A

Explanation:

Because I don't want to be in your house.

5 0
2 years ago
Responses such as perspective taking, creating solutions, expressing emotions, and reaching out are considered ______ responses
Anestetic [448]

These are named Active and Constructive responses to conflict.

These responses are called active as from the question portion it's clear talking related to the perspective, creating its solutions related to the issues expressing the emotions and at the end to reaching out the point of solution are denoted as the Active.

It's constrictive because the variation step by step makes you understand the positioning and clear the mindset which illustrates the position and makes it constructive.

On the other side, reflective thinking, delaying responding, and adopting are known as passive and constructive responses.

For more questions like this Active and Constructive responses visit the link below:

brainly.com/question/26009383

#SPJ4

4 0
1 year ago
Other questions:
  • Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service
    15·1 answer
  • On October 15, 2019, the Department of Labor announced that the Producer Price Index (PPI) experienced an unexpected 1.1 percent
    5·1 answer
  • Suppose that, in an attempt to combat severe unemployment, the government decides to increase the amount of money in circulation
    11·1 answer
  • During the annual planning meeting, Anastasia, president of a Fortune 500 company, discussed with the upper management the strat
    7·1 answer
  • Which of the following is an example of a routine​ message? A. Lucas informs Ray that he is being transferred to another divisio
    8·1 answer
  • Many levels of energy does an atom have?​
    6·1 answer
  • Waterway Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer
    13·1 answer
  • Suppose that Freddie's Fries has annual sales of $520,000; cost of goods sold of $395,000; average inventories of $11,000; avera
    7·1 answer
  • Pls i need this fast!! 30 pts!!
    13·2 answers
  • What will help a person with power of attorney make good decisions?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!