Answer:
I believe Volkswagen did not fulfill the requirements of effective corporate governance mainly because the board didn’t have enough independent directors present.
The essential driver is the nonappearance of a solid gathering of independent directors. In view of German Corporate law, administration is given by a Management Board and a Supervisory Board, with representatives making up half of the Supervisory Board. This ought to have took into consideration in any event half of the Supervisory Board to be completely independent. While remaining inside the 'letter of the law,' they evaded the 'spirit of the law' by cycling recent former senior executives through the Supervisory Board Chairmanship position and other board positions. This had the impact of expelling genuinely independent oversight.
To select the next board members and avoid any future issues Volkswagen can keep in mind the following things about the board that it is :
Is well informed about the company’s performance.
Guides and judges the CEO and other top executives.
Has the courage to curb management actions the board believes are inappropriate or unduly risky.
Certifies to shareholders that the CEO is doing what the board expects.
Provides insight and advice to management.
Is intensely involved in debating the pros and cons of key decisions and actions
Explanation:
When $25,000 of fixed costs will be eliminated by discontinuing, the operating income will increase by $5000.
<h3>How to calculate the operating income?</h3>
From the complete information given, the impact on operating income will be calculated thus:
= Savings fixed cost - Loss on contribution margin
= $25000 - $20000
= $5000
Therefore, the operating income will increase by $5000.
Learn more fixed cost on:
brainly.com/question/3636923
c. Country A will incur a larger opportunity cost of growth, but it will grow more quickly than country B.
The more a country invests in one method of production, the higher the opportunity costs will be because the money could be spent on bigger and bigger amounts of alternate goods.
While the opportunity cost is higher, fully investing in producing capital goods will lead to faster growth.
Answer:
<em>The answer is 72,000 Meters.</em>
Explanation:
From the question given, let us recall:
Moccasin Company produces cotton shirts. =12,000
The unit quantity standard = 6 meters
The quantity used actually was = 0.50 meters per shirt
The next step is to determine the quantity of cloth that should be used for the actual output of 12,000 shirts.
Quantity of cloth that should be used
= 12,000 * 6 meters cloth per shirt
= 72,000 Meters
Answer:
C. The government guarantees that potato farmers will receive at least $50 a ton.
Explanation:
Price floor is implemented by the government or a group where price control is imposed or limit is placed on how low a price a product can be sold.
For price floor to be effective it must be higher than the equillibrum price.
Equillibrum price is the price at which quantity consumers are willing to pay for is equal to quantity suppliers re willing to sell.
Price floors are usually used to keep commodity prices from going too low.
So if the government guarantees farmers will receive at least $50 per ton of potato, they are setting a price floor of $50.
