Under the Business Judgment Rule, Directors Cannot Be Held Liable

question 97

True/False

Under the business judgment rule, directors cannot be held liable for the negligence or mismanagement of corporate personnel.

Critically evaluate the relevance of contingency approaches to leadership in modern organizational contexts.

Understand the essential factors contributing to effective leadership according to Peter Drucker.

Identify different leadership styles and their unique characteristics.

Recognize the importance of emotional intelligence in leadership and its components.

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Definitions:

Unethical Goals

Objectives that are morally wrong or in violation of accepted principles of right and wrong.

Honest

Characterized by truthfulness and integrity in one’s actions and statements.

Blame

Attributing responsibility for a fault or wrong.

Feelings

Emotional states or reactions to internal or external events.