Generally, a board member who is a source of information about a firm's day-to-day activities is classified as a(n)<u> inside </u>director.
A director is a person on the company's board of directors who acts as the governing body of the organization. The board of directors, often elected by the company's shareholders, creates policy for the company as a whole and oversees leadership positions in the organization. They guide, advise and run the organization.
Board members are part of the governing body of the organization. Committed to the long-term interests of the organization, they meet regularly to oversee and direct operations, set policy, approve business decisions, evaluate operating performance, and carry out fiduciary responsibilities.
The board membership application process includes several steps. In most corporate boards, a nominating committee interviews candidates and decides who should join the board. Board members then vote on whether to elect the candidate selected by the nominating committee.
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Answer:
$54,020
Explanation:
Total fixed costs = Fixed selling and administrative expenses
Total fixed costs = $54,020
Thus, the total fixed costs for the firm is $54,020
Businesses/producers make the goods and services that exist in the economy. Producers create goods or services that are available for consumers to purchase so that they are making a profit. Consumers need to be interested in the goods or services available so that the companies stay in business and help drive the economy.
Southwest Airlines welcomes small vaccinated domestic cats and dogs in an appropriate pet carrier in the aircraft cabin. Pets are not allowed to travel in-cabin on international flights or any itinerary that includes an international flight. We also do not transport pets to or from Hawaii.
Answer:
True
Explanation:
The equity theory was developed by Stacy Adams in 1965. It deals with how the employees feel about their jobs and if they believe they are being paid fairly. It states that employees believe that different jobs that require similar skills, abilities, responsibilities and working conditions, should be paid the same amount. If employees believe that they are not being paid fairly, they will lose motivation and their productivity will lower to match the corresponding salary. In other words, if an employee believes he is not getting paid enough for his work, will start to work less to match the actual payment.
