Ernie approves all the transactions without evaluating them

Assignment Help Operation Management
Reference no: EM132140291

1. Ernie is a director of Five-Star Properties, Inc. Ernie is a property appraiser. Five-Star makes several purchases in which it pays too much. Ernie approves all the transactions without evaluating them. He is most likely liable for breach of

a. the business judgement rule

b. none of the choices

c. the duty of care

d. the duty of loyalty

2. Roy, a director of Service & Sales Corporation, does not attend a board meeting for three years. During that time, Terry, the firm’s president, makes improper loans that cost the company $10 million. Roy is most likely liable for breach of

a. the business judgement rule

b. none of the choices

c. the duty of care

d. the duty of loyalty

Reference no: EM132140291

Questions Cloud

Inclusion efforts to drive diversity : As organizations build inclusion efforts to drive diversity (e.g., pluralism, structural integration, informal network integration
Future career in business is supported by research : What value to your future career in business is supported by research, analyasis and communication (writing and speaking)?
Discuss the importance of a job analysis : A hiring manager needs your advice and assistance in filling several customer service representative positions. As a human resource recruiter.
Managing diversity and inclusion and diversity training : Explain the relationship between "managing diversity and inclusion" and "diversity training." Which is most effective? Why?
Ernie approves all the transactions without evaluating them : Five-Star makes several purchases in which it pays too much. Ernie approves all the transactions without evaluating them.
How the recommendation would be implemented : Based on the work completed in Units 1-4, develop at least 1 recommendation in each of the areas listed below that are designed to improve the company's.
What are the typical food choices when attending conference : Read the Forbes article, "How to Keep the People Attending Your Conference Alive"? What are the typical food choices when attending a conference?
What is the total cost of this policy : How many tires should Rocky Mountain order each time it places an order? What is the total cost of this policy?
Create a list or mind map of the patient services offered : Create a list or mind map of the patient services offered at the health care setting you selected for your sustainability initiative.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd