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Drupady [299]
3 years ago
14

Why did most corporate boards of directors pressure CEOs to resign, even though less than majority of shareholders revolted to g

et thrm ousted?​
Business
1 answer:
Anna007 [38]3 years ago
6 0

Answer: They resigned due to involuntary departure.

Explanation:

Involuntary departure can happen to an acting CEO in any company. They CEO may have the backing of some of the majority shareholders but only a few can decide to oust them by involuntary departure.

There are several reasons listed why they are ousted such as;

  • Unexpected poor performance
  • CEO took retirement early
  • CEO resigned without knowledge of the board members
  • CEO wanted to find new job opportunities.
You might be interested in
Advances in technology like the creation of cheap, lightweight laptops has allowed workers to work from almost anywhere. Please
andriy [413]

Answer:

Got this from the same website you used

Explanation:

Advances in technology like the creation of cheap, lightweight laptops have allowed workers to work from almost anywhere. TRUE.

5 0
3 years ago
Stanford owns and operates two dry cleaning businesses. He travels to Boston to aquire a restaurant. Later in the month, he trav
Olegator [25]

Answer:

$4,522

Explanation:

As the restaurant is not acquired so the amount of $28,000 would be non-deductible

Also if the expenses is incurred so the maximum deduction allowed is in excess of $50,000 is $5,000

Now

= $51,000 - $50,000

= $1,000 reduction

And,  

= $5,000 - $1,000

= $4,000 deduction

Now

= $51,000 - $4,000

= $47,000

Now

= $47,000 ÷ 180 months

= $261 × 2 months

= 522

Now total deduction is

= $4,000 + $522

= $4,522

4 0
3 years ago
How did the growth of cities and commerce along with new theories of government lead to changes in social structure that affecte
Ksenya-84 [330]

Answer:

Societal hierarchy

<h3>Explanation:</h3>

Humanism was the concept of individual self-worth and meaning outside the traditional societal hierarchy.

People began to become interested in the betterment of themselves through education.

To learn more about it, refer

to brainly.com/question/24553900

#SPJ4

3 0
2 years ago
Delta Company sells bells to customers for $1 each. The variable cost to manufacture the bells is 10 cents. If the rattle depart
ale4655 [162]

Answer:

Option C. $0.11

Option D. $0.95

Explanation:

As we know that the Transfer Price is set at either selling price for an outside market or variable cost plus opportunity cost if the product sold is to internal market present within the organization (Inter group or inter division sales).

However, the division can still charge upper limit price to the division which is $1 market price of the product.

Upper limit = $1

As it is given that the selling of the additional units will be among divisions which means its inter division market. Hence the lower limit will be used here.

Lower Limit = Variable cost + opportunity cost

Here

Variable cost is $10 cents

And

Opportunity cost will be zero here as the division will be using its excess capacity to sell to the other division, so there is no opportunity cost.

So, by putting values, we have:

Lower Limit = $0.1 - $0 = $0.1

Upper limit = $1

Thus the transfer price set for each bell can be between $1 and $0.1. So the $0.11 and $0.95 falls between these range and both are correct options here.

4 0
3 years ago
What is the difference between accounts payable and accounts receivable?
NeX [460]

Accounts payable - <u>Accurately tracking what's owed to suppliers, ensuring payments are properly approved and processing </u><u>payments</u><u>.</u>

<u>\:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:  \:</u>

Accounts receivable - <u>The balance of money due to a firm for goods or services delivered or used but not yet paid for by customers.</u>

5 0
2 years ago
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