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2 years ago

The responsibilities of the board of directors includes: Group of answer choices Caring for shareholder interests A

1 answer:

3 0

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf.

<h3>What are board of directors responsible for?</h3>

Generally speaking, the board serves as a fiduciary, setting broad rules and making significant decisions on behalf of the business and its shareholders. The hiring, firing, and salary of senior executives are all matters that fall under the authority of a board, as well as mergers and acquisitions, dividends, and significant investments.

The primary obligations of board members to shareholders are related to their fiduciary duties, which include the obligations of care, loyalty, and obedience. Board members are expected to put the needs of the company ahead of their own in carrying out these tasks.

<h3>Who is responsible for shareholders interests?</h3>

A corporation's shareholders elect the board of directors to supervise, direct, and make business decisions on their behalf. As a result, the board is directly in charge of overseeing and safeguarding the interests of shareholders in the business.

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3 years ago

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Temka [501]

Answer:

See below

Explanation:

Breakven even point is computed as

= Fixed costs / ( Sales price per unit - Variable costs per unit)

For basic lawn mower, Given that;

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Variable costs per unit = $50

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For Riding tractor, given that;

Fixed costs = $500,000

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Variable cost per unit = $500

BEP = $500,000 / ($1,500 - $500)

BEP = $500,000 / $1,000

BEP = 500 units

It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.

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3 years ago

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2 years ago

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Alina [70]

Answer:

<u>Sales Quotas</u>

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3 years ago