Examlex
Union rules can sometimes limit the ability of a manager to reward an employee with some "perks"
Duty Of Loyalty
A legal obligation of individuals in certain positions to act in the best interests of another party or entity, often seen in corporate governance and employment.
Duty Of Care
A legal obligation to avoid causing harm and to act with a standard of reasonable care towards others.
Violation
An act of breaking or failing to comply with a set of rules or laws.
Profit Maximization
The process or strategy aimed at increasing a business's net profits to the highest possible level, often by increasing revenue, reducing costs, or both.
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