A Teacher Is an Example of a

question 49

Multiple Choice

A teacher is an example of a

• A)service factory.
• B)mass service.
• C)service shop.
• D)professional service.

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Definitions:

Business Judgement Rule

A legal principle that protects corporate directors and officers when making business decisions, assuming they act in good faith and in the best interest of the corporation.

Officers

Individuals appointed by a company's board of directors who are responsible for managing the daily operations and executing the strategic plans of the corporation.

Directors

Individuals elected by shareholders to oversee and make policy decisions for a corporation, setting its strategic direction and ensuring governance.

Majority Vote

A decision-making process where the outcome is determined by more than half of the votes cast by a group.