What is director-s best defense


Problem:

Tim is a director and officer of United States Sales, Incorporated. Tim makes a marketing decision that results in a dramatic decrease in profits for United States Sales and its shareholders. The shareholders accuse Tim of Breaching his fiduciary duty to the corporation.

Required:

What is Tim's best defense? Explain fully. Provide thorough explanation of the given question.

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Operation Management: What is director-s best defense
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