Shamarhe was the head of Shandling Corporation. She treated her position as one primarily of public relations and big picture ideas but faled to attend meetings ofcorporate directors and paid no attention to Shandling's financial statements and she ignored the potential outcomes of decisions made by other corporate directors Underthese circumstances, Shamarlie has kely violatedMultiple ChoiceOOOher duty of careher duty of loyaltyher duty of diligenceNo duty, as corporate leaders have no duty to attend corporate meetings, review financial statements or consider the potential outcomes of dections made bydirectorscorporate

In corporate governance, officers and directors owe certain duties to the corporation and its…

Answered: Shamarbe was the head of Shanding…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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How might the ‘independence’ non-executive directors be defined and explain their roles and functions in the framework and structure of good corporate governance in public listed companies.
Add more details to the paragraph below Directors are obligated to act in the best interests of the company and must avoid conflicts of interest. This obligation might have been violated by Jackie's choice to accept the order from the large supermarket and form her own business to fulfil it. Jackie's decision to create her own business put her personal interests and her responsibilities as a director of T2J Ltd in conflict. The desire to keep the order's revenues for herself rather than distribute them to the other directors may have driven her. The prosperity of the company must also be promoted, and directors must act in its best interests. Jackie might have gone against the company's interests by keeping the directive from the other directors. Instead of Jackie's independent company, the order might have been fulfilled more effectively and efficiently through T2J Ltd. This choice might have cost T2J Ltd. money and damaged its reputation.
James Stilton is the cief executive oiffcer (CEO) of Rightsliving. inc Company that buys life insurance policies at discount from terminally ill people and sells the policies to investors RightLiving pays the terminally ill pateitns a percentage of the future death benefits and then sells the policies to investors for 85% of the value of the future beneffits. The patients receive the cash to use for medical and other expenses and the investotors are gauranteed a postitive return on thier investment. The diffreence beteween the purchase and sale price is the RightLiving profit. Stilton is aware that some sick patiente may obtain insurance policies through fraud (by not revealing thier illness on the insurance app). An insurance company that discovers such fraud will cancel the policy and refuse to pay. Stilton believes that most of the policies he has purchases are legitimate but he knows that some are probably not. Question Under the categorical imperative, are the actions of…
Mr Abuhas set up a Limited Liability company as a retail business. He employed a Managing Director to manage the affairs of the business. The managing Director openvacancies and employed several subordinates into the company to work under him. Two years down the line,The MD resigned from the company and one of the employees was promoted as the New MD. During the First MD regime, Sales staffs were meeting their targets over and above expectations but as soon as the New MD assumed his position two Sales staffs resigned and hence sales within the first term ofh is office fell 15%. a.What type of people do you think he employed? b.What challenges do you think the new MD will face? c.What should the new MD do? d.As as staff of the company, what will you feel or think? e.What type of leader is the new MD?
Mr Abuhas set up a Limited Liability company as a retail business. He employed a Managing Director to manage the affairs of the business. The managing Director openvacancies and employed several subordinates into the company to work under him. Two years down the line,The MD resigned from the company and one of the employees was promoted as the New MD. During the First MD regime, Sales staffs were meeting their targets over and above expectations but as soon as the New MD assumed his position two Sales staffs resigned and hence sales within the first term ofh is office fell 15%. 1.What should the new MD do? 2.As as staff of the company, what will you feel or think? 3.What type of leader is the new MD?
Independent directors are the agent and trustee of the company, their duties andresponsibility towards the shareholder and other stake holders are akin to full time director ,but there are few cases reported where the independent director had their personnel hiddeninterests in the company that jeopardize the general interest of the appointing independentdirector on board of company. Explain the responsibility of the independent directorstoward shareholder and stakeholder. Explain in detail about your role in board meetings if you areappointed as an independent director of a company.
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The given scenario involves Joseph and Krystal, who are members of a shared social group and have joined Missile’s Financial Services as middle managers. Each of them reports to a different senior manager, who, in turn, reports to the Managing Director. Periodically, after payday, Joseph, Krystal, and other members of their social group attempt to have lunch together. Joseph expresses distress about his recent experiences with Nicholas, his manager. The issue revolves around a meeting with a new supplier aimed at finalizing a contract. Despite having engaged with the supplier for over two and a half months and reaching a preliminary agreement on costs, Joseph struggled to get Nicholas to review and approve the contract details in the preceding two weeks. The supplier is deemed crucial, offering fast services, a reputable product line, and a favorable cost, even willing to customize stationary at no extra expense. Despite Joseph's efforts, Nicholas, consistently occupied, only briefly…
Suppose a group of high school friends work atthe same fast-food restaurant. They all dislike themanager because she doesn’t allow them to swapshifts with one another whenever someone has abig exam to study for or a date. One of the friendssuggests that they all agree to walk out if the manager doesn’t change her policy. Explain whetherthe manager will change her policy to avoid awalkout

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