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garri49 [273]
3 years ago
11

", describe the ways in which Volkswagen did not fulfill the requirements of effective corporate governance. In one or two parag

raphs, discuss how the board of directors sidestepped its obligations to protect shareholder interests? In one or two paragraphs, discuss how Volkswagen could better select its board of directors to avoid mistakes such as the emissions scandal?"
Business
1 answer:
Zielflug [23.3K]3 years ago
7 0

Answer: Volkswagen Emission scandal

Explanation: The Supervisory Board should be “responsible for monitoring the Management and approving important corporate decisions , however “investors and governance experts say the emissions scandal shows that it lacks the independence and authority to do this” .

1nternal Controls

Many officials at Volkswagen were unaware of any wrongdoing, although this suggests the company can be salvaged and there are people at the top that can help turn this back around. It does also highlight the need for serious improvement in terms of the firm's internal controls. For issues on a scale as large as this, there should be a sound whistle blowing system in place to alert the correct people of such instances, so action can be taken before any issue further escalates

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On July 5, Harris Company purchased supplies from the hardware store for $600 on account. On July 10, Harris receives a bill fro
vekshin1

Answer:

Debit Accounts Payable 600, Credit Cash 600

Explanation:

as goods are purchased on credit initially it will be recorded on parable.

And when it will be paid the general entry will be:-

Account payable debit =600

cash credit = 600

Harris record the transaction on July 17

Debit Accounts Payable 600,

Credit Cash 600

3 0
4 years ago
is creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve
Rama09 [41]

By setting a vision for the organisation, a leader can inspire and motivate others to work toward shared goals and objectives. Controlling entails determining if the organization's objectives are met by what really happens.

Creating a vision for the organisation and directing, educating, mentoring, and inspiring others to work productively to meet the organization's goals and objectives on schedule is what it means to LEAD.

In a learning organisation, what is vision?

An organization's vision is what it hopes to become and accomplish in the future. The Vision is crucial since it is intertwined with all other organisational strategy components.

A company's mission statement, goals, and aspirations are all outlined in a vision statement. The majority of vision statement writers find the process to be satisfying and motivating. It gives them the ability to describe the traits that affect the strategy of the firm.

Learn more about learning organisation

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8 0
1 year ago
What step can an organization take to improve its culture?
Feliz [49]

Answer:

a. Conduct regular development programs for employees

Explanation:

7 0
3 years ago
Purchasing, sales, and merchandising are all related careers. What do they have<br> in common?
podryga [215]

Explanation:

They all have a cycle, and have something to do with money. The merchandisers promote the items, people sell them , and purchasers buy them. Simple.

7 0
3 years ago
Read 2 more answers
Custom Cabinets spends its product research dollars as follows: 32% goes to improving existing products, 28% to creating new pro
Tasya [4]

Answer:

0.55 million  

Explanation:

The research cost that was spent on new products for new customer is 20% of $2.75 million.

Mathematically,

Cost Incurred on creating new product for new customer = $2.75m * 20%

= 0.55 million

7 0
3 years ago
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