David is a director and officer of abc inc david makes a


David is a director and officer of ABC, Inc. David makes a market­ing decision that results in a dramatic decrease in profits for ABC and its shareholders. The shareholders accuse David of breaching his fiduci­ary duty to the corporation. What is David’s best defense against this a­cusation? Later, the ABC board considers a resolution for the firm to compete with XYZ Corporation. David is a director and shareholder of XYZ. What is David’s responsibility in this situation?

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Operation Management: David is a director and officer of abc inc david makes a
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