Despite the disclosure rule, making decisions in private to avoid negative reaction is generally best for a business as it safeguards your firm's reputation and keeps competitive information away from your competitors.

Question

Quizplus · Accepted Answer

Making decisions in private can lead to a lack of transparency and potentially damage a business's reputation if the public finds out. Additionally, decisions made in secret may not always be in the best interest of stakeholders. It is important for businesses to balance the need for privacy with accountability and open communication.

Despite the Disclosure Rule, Making Decisions in Private to Avoid