Business, 21.03.2020 10:23 sarahelisabeth444

Doug is the vice president of product development for a corporation that makes flavored honey. Doug proposes to the board that they approve three new products: chili-flavored honey, seaweed-flavored honey, and black-licorice honey. Doug and his team have market tested the flavors, and they received positive reviews from focus groups. The board approves the flavors, which then fail miserably and cost the company thousands of dollars. If some shareholders sue the board for its decision to market the flavors, the board most likely will:.
a. not be held responsible because of the business judgment rule.
b. not be held responsible because of the duty of loyalty.
c. be held responsible because of the business judgment exception.
d. be held responsible for letting such horrible flavors go to market.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 16:00

Corey is trying to save money to buy a new tv. he invests $800 into an account paying 6.5% simple interest. for how long must he save if the tv costs $950? a. 2 years b. 3 years c. 4 years d. 5 years

Answers: 1

Answer

Business, 21.06.2019 17:20

Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.

Answers: 2

Answer

Business, 22.06.2019 14:40

Which of the following would classify as a general education requirement

Answers: 1

Answer

Business, 22.06.2019 20:20

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b

Answers: 2

Answer

You know the right answer?

Doug is the vice president of product development for a corporation that makes flavored honey. Doug...

Questions