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kvv77 [185]
3 years ago
7

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 fail miserably and cost the company thousands of dollars. If some shareholders sue the board for its decision to market the flavors, the board ___________.
Business
2 answers:
kogti [31]3 years ago
8 0

Answer:

most likely will not be held responsible because of the business judgment rule.

Explanation:

A business judgement rule is a legal provision that protects the board of a company from frivolous legal actions as flregards its business decisions.

Boards of companies are assumed to act in good faith, within their fiduciary standards of loyalty, prudence and care that the board owes to shareholders.

It will have to be proven that the board blatantly violated a code of conduct, otherwise the court will review or question it's decisions.

Gelneren [198K]3 years ago
4 0

Answer:

will not be held responsible for the loss.

Explanation:

The business judgement rule is a doctrine that affects corporation's management and other agents. This doctrine is based on the idea that all business decisions yield unknown results, even the safest investments or safest projects can go wrong. Only the US government has never defaulted on a loan (US securities) but every other nation or organization has at one point in time defaulted or delayed a payment.

Investors that buy stocks from a corporation know about the risks of running a business, if they do not like to take risks, US securities are always available. As long as management (including the board) acts on good faith, within the normal scope of business, they cannot be held liable for any bad investment carried out.

If this doctrine didn't exist, no one would be able to manage a company, since no one would dare to make any decisions at all. When you calculate the price of stock or the cost of capital, you must add the risk free rate (US securities) + the risk premium.

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The March 2011 announcement that AT&T was acquiring T-Mobile USA from Deutsche Telekom is a _________ acquisition and is int
PilotLPTM [1.2K]

Answer:

The correct answers that fills the gaps are: horizontal; increase market power.

Explanation:

Horizontal acquisition refers when the company acquires another from the same sector. In this case, both companies belonged to the same sector (telecommunications). The purpose, generally, was to increase the market share in the sector, also eliminating an important company from the competition.

6 0
3 years ago
The transportation mode with the highest dollar value of freight in the united states is
zloy xaker [14]
The answer is: highways!
8 0
2 years ago
Professional etiquette suggests you should send a(n) ____ to each person who agrees to meet with you in support of your career e
olchik [2.2K]

Answer:

handwritten thank-you note

Explanation:

Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general

guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a

handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.

5 0
3 years ago
A client who has been training at high intensities in preparation for a triathlon reports joint pain, excess fatigue, and the in
Evgen [1.6K]

Answer:

The client is in the exhaustion stage of the general adaptation syndrome.

Explanation:

The 3 stages of the General Adaptation Syndrome are Alarm reaction, Resistance and Exhaustion.

The characteristic properties of each of the stage are different: For example

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  • The person experiences frustration and anxiety in the second stage which is the Resistance stage.
  • While there is excessive fatigue in the 3rd stage which is exhaustion.

As the client is showing the symptoms of fatigue, thus this is the 3rd stage, i.e. exhaustion stage of GAS.

3 0
3 years ago
According to the Business Case for CSR, a reason companies are becoming more socially responsible is all of the following except
denis-greek [22]

Answer:

d. Access to capital

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3 0
3 years ago
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