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m_a_m_a [10]
1 year ago
13

Even after commencement of business operations, officers and directors have a responsibility to comply with _______.

Business
1 answer:
serg [7]1 year ago
3 0

Even after the commencement of business operations, officers and directors have a responsibility to comply with corporate formalities.

<h3>What are the duties of corporate directors and officers?</h3>

In general, the officers are in charge of carrying out the board's policies and making day-to-day choices, while the board of directors is in charge of important business and policy decisions.

  • announcing and disbursing corporation dividends.
  • approving significant corporate choices.
  • hiring, promoting, managing, and firing managerial and corporate leaders.
  • choosing between issuing bonds or stock.

A corporation's owners are its shareholders, usually referred to as stockholders, who acquire an interest in the company by acquiring shares of stock. A board of directors is chosen by shareholders, and they are in charge of running the business.

Officers and directors are still required to follow corporate formalities even after the start of business operations.

To learn more about the duties of corporate directors and officers refer to:

brainly.com/question/13322642

#SPJ4

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Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial
mario62 [17]

Answer: Vertical Supply Channel Conflict

Estee Lauder Co.now sells most of its flagship products directly online. This choice, made around 2000, resulted in substantial __________ with the various high-end retailers.

Horizontal supply chain conflict.

Vertical supply chain conflict.

Vertical channel dissonance.

Contract re-negotiations.

Explanation:

Vertical Supply Channel Conflict occurs between members of different supply channel levels. For example, between a manufacturer and a wholesaler or between a wholesaler and a retailer.

This is the type of conflict that arose from Estee Lauder's decision to sell online directly to customers.

Horizontal Supply Channel Conflict occurs between members of the same channel level. An example is two retailers selling the same brand in the same shopping mall.

6 0
3 years ago
True or false. When customers increase their borrowing, interest rates tend to decline
sasho [114]
The answer to your question is false
3 0
1 year ago
You are the manager of a medium-sized farm with 100 acres of workable land. You can farm the land yourself, rent the land to ano
Ainat [17]

Answer:

The opportunity cost for a year will be $240,000.

Explanation:

The opportunity cost of any decision is the second-best alternative that is given up or sacrificed.  

Here, the manager has a farm of 100 acres of land.  

If he sells it to a developer for $40,000 per acre, he will get $4,000,000 for the whole land.  

He can invest this amount and get an interest of 6% per year.  

The opportunity cost of keeping the farm to the manager himself will be

= 6% of $4,000,000

= \frac{6}{100}\ \times\ \$ 4,000,000

= $240,000

3 0
3 years ago
The Allowance for Doubtful Accounts account has a year-end credit balance, prior to adjustment, of $450. The bad debts are estim
Eddi Din [679]

Answer:$19500

Explanation:

The provision for doubtful debts accounts is an account that shows the amount of estimated debts that are expected to go bad at the end of the year. The estimated amount at the end of a year is debited to income account, credited to debtors account and left as a credit balance on the provision for doubtful debts accounts.

If at the end of a new year a new estimate is made which differs from the current estimated figure, then the account is adjusted to show the entire new estimate and that is why the answer to the question is 3% of $650,000 = $19,500.

5 0
3 years ago
Which two advantages do renters have that home buyers don’t have?
Ulleksa [173]

The two advantages are:

- Renters are not affected by changing property price

- Renters don’t have to pay for major repairs to the property

The housing department  require the home owner to pay for major repairs that happen in the rented place (Such as broken roof or leaking gas). Not only that, the owner of the home is the one that would be financially damaged if the housing markets experience a crash.

6 0
3 years ago
Read 2 more answers
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