One of the Fiduciary Duties of Directors Is the Duty

question 74

Multiple Choice

One of the fiduciary duties of directors is the duty not to compete with the corporation.They may pursue their own business interest, but in doing so they may not:

• A)use corporate resources.
• B)hire away personnel for their own business.
• C)use corporate facilities.
• D)All of the answer choices are correct.

Understand the strategies companies use to control the costs of employee healthcare benefits.

Understand the impact of benefits and services on employee motivation and organizational effectiveness.

Grasp the ethical implications of benefit changes and how organizations can protect their employees' interests.

Recognize historical advancements in employee benefits and their motivations.

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Definitions:

Availability Heuristic

A quick judgment method drawn from examples that surface quickly in one's thoughts when deliberating over a specific area, theory, approach, or verdict.

Independent

Not influenced or controlled by others; acting or existing freely.

Evolutionary Theorists

Scholars who study how evolutionary principles like natural selection explain the development and behavior of organisms.

Irrational

Pertaining to actions, decisions, or beliefs that lack reason, logic, or coherence, often based on emotional responses rather than facts.