Question
Donatello is a director and officer of Enzios Pizza Corporation. Donatello selects an ad campaign that consumers find offensive, a marketing decision that results in
Donatello is a director and officer of Enzios Pizza Corporation. Donatello selects an ad campaign that consumers find offensive, a marketing decision that results in a dramatic decrease in profits for the firm and its shareholders. The shareholders accuse Donatello of breaching his fiduciary duty to the corporation. What is Donatellos best defense against this accusation? Later, a resolution comes before Enzios board to expand its menu to compete with Fabios Pasta Palace Restaurants Inc. Donatello is a director and shareholder of Fabios. What is Donatellos responsibility in this situation?
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