The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )
Explanation:
The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.
Some of the duties of Board Members are:
- To develop the Organization's Mission and Purpose.
- Another important duty is to Monitor and Manage Financial Resources.
- To Recruit New Board Members.
- To Spread positive word of mouth about t the Organization.
So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions
The first step is determining what knowledge is most important. the control function involves measuring performance relative to the planned objectives and standards, rewarding people for well work done, and then taking corrective action when necessary.
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Answer:
The change in net working capital resulting from the addition of the microbrewery is $5,500 (decrease)
Explanation:
There are 3 key elements of working capital. These are;
- Inventory
- Accounts payable
- Accounts receivable
Given;
increase in inventory = $8,000
increase in Accounts payable = $2,500
Change in net working capital resulting from the addition of the microbrewery = -$8,000 + $2,500
= -$5,500
Answer:
<em>2. EasyOpen's patent expired after 20 years</em>
Explanation:
<em>Patent rights last for about a limited period of time, as well as the right to file a lawsuit on other sides for infringement of the patent is centered on that time. </em>
Inventors and other patent proprietors may therefore choose to measure and evaluate their patent's expiry date.
It will mostly rely heavily on the date of filing of your patent application, and also the sort of patent they obtained.
Patents are defined as utility patents, patents on designs or patents on plants.
Patent protection for utility patents, which are the most common type of patent, and which EasyOpen Inc is part of, lasts 20 years after the patent application's filing date.
