Asked by Belle Vivero on Jun 27, 2024

verifed

Verified

Henry Ford,the founder of Ford Motor Company,was sued by his shareholders for ________.

A) using dividend payments to hire more workers
B) distributing bonuses to long-term employees
C) failing to reduce manufacturing expenses
D) supporting controversial organizations

Dividend Payments

Distributions of earnings made to shareholders by corporations, usually in the form of cash or additional shares.

Manufacturing Expenses

Costs associated with producing goods, including raw materials, labor, and overhead.

Controversial Organizations

Organizations that generate public disagreement or debate due to their practices, missions, or impact on society.

  • Appreciate the importance of evaluating the interests of several stakeholders when devising a business strategy.
verifed

Verified Answer

ZK
Zybrea KnightJul 03, 2024
Final Answer :
A
Explanation :
Henry Ford was sued by his shareholders for using dividend payments to hire more workers, which they argued was a misuse of company profits that should have been distributed as dividends.