When a Manager Ignores Her Fiduciary Responsibility to Her Firm's

question 28

Multiple Choice

When a manager ignores her fiduciary responsibility to her firm's shareholders,

• A)she is acting unethically and illegally.
• B)she is acting illegally, but not unethically or immorally.
• C)she is acting unethically, but not illegally.
• D)she is acting both unethically and immorally, but not illegally.

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Definitions:

Focused Concentration

The mental effort directed toward a single task or subject, eliminating distractions to achieve a heightened state of awareness and productivity.

Csikszentmihalyi

A psychologist known for his work on the concept of "flow," a state of intense absorption and enjoyment in what one does.

Flow

A mental state of deep immersion and engagement in an activity, characterized by a sense of fluidity between one's body and the environment.

Personnel Psychologists

Professionals specializing in the science of behavior and mental processes within the workplace.