According to the Text, What Are the Three Tools That

question 78

Multiple Choice

According to the text, what are the three tools that small businesses can use to improve their HR management practices?

• A)informality, adaptability, and reliability
• B)flexibility, familiarity, and informality
• C)creativity, flexibility, and adaptability
• D)familiarity, formality, and flexibility

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Definitions:

Directors

Individuals elected by shareholders to oversee the management of a corporation and make decisions on its behalf.

Policies

Documents or statements of principles and guidelines, crafted to regulate, direct, or guide decisions and actions in organizations or governance.

Unocal v. Mesa Petroleum

A landmark legal case that established important principles in the area of corporate takeover defense and directors' fiduciary duties.

Business Judgment Rule

A principle that protects corporate executives from liability for decisions made in good faith and believed to be in the best interest of the company.