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Punam Was the Director of a Broadly Held Corporation That

question 147

Multiple Choice

Punam was the director of a broadly held corporation that made educational software. Without the knowledge or consent of the board of directors, Punam started a competing business that she ran from home. Which of the following is true?


Definitions:

Local United Way

refers to a community-based branch of the United Way, a nonprofit organization that collaborates with volunteers and local charities to address community needs.

Social Responsibility

The obligation of businesses and individuals to act in a way that benefits society at large, beyond their own interests or profitability.

Business Ethics

Guidelines and principles that govern the conduct and decision-making process within a business environment.

Internal Force

Forces within an organization that affect its operations, such as employee motivation, company culture, and internal processes.

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