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Mashcka [7]
2 years ago
15

Ruis Corporation, a publicly held corporation, has thirty-five members on its board of directors. In order to conduct business e

fficiently, the chairman of the board is proposing that five committees be created: the executive committee, the human resources committee, the marketing committee, the research and development committee, and the sales committee. Seven members of the board would serve on each committee and each board member would serve on only one committee. This is _______
Business
1 answer:
Oliga [24]2 years ago
6 0

Answer:

illegal

Explanation:

According to my research on the rules or regulations that a corporation must follow, it can be said that based on the information provided within the question what was done is illegal. Based on the Sarbanes-Oxley Act every entity titled as a corporation is required by law to have an audit committee. Since one was not created for the Ruis Corporation it is technically an illegal corporation.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Although the discount stores in Goreville central shopping district are expected to close within five years as a result of compe
rosijanka [135]

Answer: <em>Option (B) is correct.</em>

Explanation:

If true, the following will most seriously weakens the argument: There has been an increasing rate in store opening in the central shopping district (CSD) since Colson's have opened discount stores.

Since after Colson's opened, the locations which were vacant became stores in particular discount store which did not spar with Colson's. Now that we have a discount store & department store without discount. Therefore when these stores close while competing with SpendLess, they wont be replaced with regular non-discount stores .

8 0
3 years ago
It is one of Garrett’s job responsibilities to report the amount of foreign direct investment undertaken by the government over
Eddi Din [679]

Answer: flow

Explanation:

Foreign direct investment flows records the value of foreign transaction with investment carried out at a particular period of time, probably quarterly, annually.

This flow consists of reinvestment earnings, equity transactions, and company debt transaction.

Inward and outward flows are also been taken into consideration, how foreign investments/transaction are noted in and out of the organization.

5 0
3 years ago
Read 2 more answers
A university is struggling financially, and has just formed a board of trustees and invited 25 of its wealthiest alumni to join
Pani-rosa [81]

The process adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.

<h3>What is Co-optation?</h3>

In business term, the term "Co-optation" is a process adopted by a firm by acculturating a smaller group with related interests because they will gain some values collectively therein.

In conclusion, the process that is adopted by the university in inviting its wealthiest alumni to join the board is an example of Co-optation.

Read more about Co-optation

<em>brainly.com/question/7715001</em>

3 0
2 years ago
A code of conduct should be worded in terms of forbidden action rather than acceptable behavior.
Katena32 [7]

<u>Answer:</u>

The statement that says a code of conduct should be worded in terms of forbidden action rather than acceptable behaviour is false.

<u>Explanation:</u>

The judicial acts and laws that prohibit unlawful actions and the code of conduct that provides information about the ideal and acceptable behaviour that are distinct from each other in terms of wording that is used to draft them. A judicial act mentions what is not to be done and a code of conduct mentions what is to be done.

7 0
2 years ago
The majority of 401 (k) plans are participant directed.<br> a)true<br> b) false
xxTIMURxx [149]

The plans regarding the contributions made to the 401(k) plans are directed by the participant, who is also known as an employee of the organization.

<h3>Who is a 401(k) plan?</h3>

A 401(k) can be referred to as a feature of a profit-sharing plan that enables the employees to make a partial contribution of their wages to their individual accounts.

An employee is referred to as a participant for the purpose of this plan. It is further to be noted that this plan is as per the voluntary directions of the participant.

Hence, it holds true that majority of the 401(k) plans are participant directed.

Learn more about 401(k) plans here:

brainly.com/question/3671553

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8 0
1 year ago
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