To Avoid Potential Liability for Misconduct in Corporate Operations, Directors

question 93

Multiple Choice

To avoid potential liability for misconduct in corporate operations, directors can refrain from reasonable supervision of work delegated to

• A)corporate officers.
• B)corporate employees.
• C)board committees.
• D)none of the choices.

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Definitions:

Gender

Your sense of being male or female and your playing masculine and feminine roles in ways defined as appropriate by your culture and society.

Race

Race is a social construct used to distinguish people in terms of one or more physical markers, usually with profound effects on their lives.

Class

In Marx’s sense of the term is determined by one’s relationship to the means of production. In Weber’s usage, class is determined by one’s “market situation.” Wright distinguishes classes on the basis of relationship to the means of production, amount of property owned, organizational assets, and skill. For Goldthorpe, classes are determined mainly by one’s “employment relations.”

Socioeconomic Index

A composite measure that typically combines data on income, education, and occupation to characterize or rank individuals or groups' economic and social position.