Which of the Following Is True of Managers in an Organization

question 61

Multiple Choice

Which of the following is true of managers in an organization with good corporate governance?

• A) Managers must be nominated by the compensation committee.
• B) Managers should fulfill a fiduciary responsibility to the owners.
• C) Managers must consider only the single bottom line of profitability.
• D) Managers should follow an exclusive,rather than an internal,approach.

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Definitions:

Business Purpose

The business purpose defines the reason for the existence of a business or a business transaction, often guiding its goals, strategies, and operations.

Exaggerated

Describes something that has been presented in a way that makes it seem more significant or intense than it actually is.

Routine Request

A standard or common inquiry or petition, usually following a predictable pattern or format.

Personal Introduction

A brief statement or speech made by an individual to present themselves to others, highlighting personal background, interests, and key facts.