According to Marvin Shaw,which of the Following Would Most Likely

question 52

Multiple Choice

According to Marvin Shaw,which of the following would most likely constitute a group?

• A)six people riding a city bus
• B)eight people working individually in a computer room
• C)a pair of jogging companions
• D)five people waiting for different buses at a bus stop

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Definitions:

Business Judgment Rule

A legal principle that protects the decisions of a corporate board of directors from judicial review as long as those decisions are made within their authority and with a reasonable belief that they were in the best interests of the company.

Currency Trader

An individual or entity that buys and sells currency pairs on the foreign exchange market to profit from exchange rate fluctuations.

Quorum

The minimum number of members required to be present to make the proceedings of a meeting valid.

Directors

Members of a company's board responsible for making strategic decisions and ensuring the company's compliance with legal and ethical standards.