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Managers have a(n) _____ responsibility to owners to safeguard a company's assets and handle its funds in a trustworthy manner. Question 26 options: inalienable fiduciary corporate social

1 Answer

2 votes

Answer:

Primary responsability

Step-by-step explanation:

A manager's primary responsability is to make a responsible use of the stockholder's resources, including assets and equity, with the goal of protecting the value of those resources, and also with the goal of increasing the value of those resources (profit).

That is the main function of a CEO, and in case a CEO fails to fulfill this function, he or she will probably be dismissed by the stockholders.

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User Dragan Panjkov
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