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Basile [38]
3 years ago
6

Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the ___ , so direct

ors must consider the impact of their decisions on society and the ___ . Shareholders have an additional right of private action, called a ___ , that allows them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual ___on its performance and include a third-party standard of assessment.
Fill in the blanks with words that would best complete the passage.
public
environment
benefit enforcement proceeding
financial statement
benefit report
shareholders
IRS
derivative suit
Business
2 answers:
MAXImum [283]3 years ago
6 0

Here are the complete sentences:

The main purpose is to benefit the PUBLIC, so the directors must consider the impacts of their decisions on society and the ENVIRONMENT. Shareholders have an additional right to private action called a DERIVATIVE SUIT, that allow them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual BENEFIT REPORT on its performance and include a third party standard of assessment.

Explanation:

A Benefit corporation refers to a type of corporation that is established to create value for both the society and the environment in which it is located. Although, one of the goal of the company is to make profits, it differs from a traditional corporation because, it is main purpose it to add value and provide benefits for those that are connected to it.

Thus, the major purpose of a benefit corporation is to add values to the public and the environment. In order to ensure that this goal is kept in view, the corporation has to publish benefit report every year, in order to show their performance and their adherence to the company goals. The report must be endorsed by a third party in order to show that its contents are true and accurate.  

Learn more about corporation on: brainly.com/question/12293968.

#learnwithBrainly.

ki77a [65]3 years ago
3 0

The correct answers are in the right order are public, environment, Derivative suit, and Benefits report

Benefit cooperation refers to profit cooperation and it is committed to improving the society, communicated in which it is located. Benefit cooperation makes profits but also contributes to improving the community or the environment.

<h2>Further Explanation</h2>

Benefit corporations are meant to provide legal cover to companies that are looking to add value to the society in addition to making profits.

The purpose of a traditional corporation is to make profits for its shareholders and their directors are evaluated base on how the company performs financially.

Shareholders can question their directors if divert or send the companies money on would not beneficial to them. In other words, in traditional corporations, the managers cannot make decisions that will sacrifice profit at the expense of the shareholders.

The structures of benefit and traditional cooperation are the same; both corporations have boards of directors, shareholders, and officers. The operations of the corporations are controlled by the officers and directors; they are also answerable to the shareholders, which implies that can be asked to account for their actions.

Benefit corporations make profits and also add value to the society while traditional corporation only makes profits for its shareholders.

LEARN MORE:

  • Benefit corporations differ from traditional corporations in three main ways brainly.com/question/13648699
  • One of the benefits of pursuing a strategy of social responsibility and corporate citizenship is  brainly.com/question/6103675

KEYWORDS:

  • benefit corporation
  • traditional corporation
  • standard of assessment
  • directors
  • profits
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Answer:

The rewards and punishment serve the purpose of motivating the employees.

Explanation: First of all, we must establish that companies should have set guidelines or principles on which they operate, especially when it comes to ethics and acceptable workplace behavior.

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Now, based on the Theory X of management that was developed by Douglas McGregor, which basically states that employees are unmotivated and unwilling to work, and as a result of this, they need to be constantly prompted, rewarded or punished to make sure that they complete their tasks.

So to answer the question, the rewards and punishments serve the purpose of motivating the employees to be of good conduct in the workplace, because if this is not done, bad behavior might spread throughout the company and this will cause further problems.

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Frank Furter is driving his new Ford down Harbor Boulevard, when he breaks his tooth on a foreign object in a hotdog he is eatin
gulaghasi [49]

Answer:

Frank Furter can sue hot dog stand and tire manufacturer for breaking of his tooth.

Explanation:

Frank furter can sue the hot dog stand as it was the main cause of his accident. The car is designed for having a luxury driving experience but the accidents may happen any time and there should be suitable brake system which can stop the car immediately or in few seconds. The tire should not burst as this will enhance the damage in the accident.

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Explanation:

Autonomy -

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Hence , from the options given in the question ,

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Open-end mutual funds are more common than closed-end funds. question 5 options:
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False. They are, in fact, significantly less common.
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The structural engineering design section within the engineering department of a regional electrical utility corporation has dev
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Answer:

102.99 hours needed

Explanation:

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3 years ago
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