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meriva
3 years ago
15

The primary responsibility of the board of directors is to __________. Select one: A. oversee the affairs of the organization B.

do tactical planning C. tell all the managers what to do D. make daily operational decisions
Business
1 answer:
Paladinen [302]3 years ago
4 0

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

You might be interested in
If beginning and ending work in process inventories are $5,000 and $15,000, respectively, and cost of goods manufactured is $170
Norma-Jean [14]

Answer:

$180,000

Explanation:

Cost of Goods Manufactured = Total Manufacturing Costs + Beginning Work in Process Inventory - Ending Work in Process Inventory                                                                                                                        

$170,000 = [Total Manufacturing Costs + $5,000 - $15,000]

$170,000 = [Total Manufacturing Costs - $10,000]

[$170,000 + $10,000] = Total Manufacturing Costs

Total Manufacturing Costs =$180,000

4 0
3 years ago
A company’s fixed operating costs are $430,000, its variable costs are $2.95 per unit, and the product’s sales price is $4.50. W
vredina [299]

Solution:

Given information:

The fixed operating costs are$430,000.

The variable costs per unit are $2.95.

The selling price of the product is $4.50.

Calculation of the break-even point:

The formula to calculate the break-even point is:  

Break-even point = Fixed costs / Selling price per unit -Variable costs per unit  

                             = 430,000 / 4.50 - 2.95

                            = 430,000 / 1.55 = 277,419

Substitute $430,000 for the fixed costs, $2  

4 0
3 years ago
Even if you are willing to take on more responsibility, you need to make sure that ______. a. you do not take on too much b. you
pentagon [3]
Tricky tricky. I'll go with 'A. you do not take too much' from experience.
4 0
4 years ago
Read 2 more answers
If Rina's boss is interested in a graphical presentation of the relationship between the price and quantity of televisions deman
ExtremeBDS [4]

Answer:

a) a demand curve 

b) a demand schedule 

Explanation:

A demand curve is a graph that shows the relationship between price and quantity demanded.

A typical demand curve is downward sloping. This means that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

A demand schedule is a table that shows the relationship between price and quantity demanded.

Attached is an image of a demand curve

I hope my answer helps you

6 0
3 years ago
4. A company expects its September sales to be 15% higher than its August sales of $140,000. Purchases were $75,000 in August an
Gre4nikov [31]

Answer: C. $140,300

Explanation:

Cash balance on Sept 1 is $71,500

Sales: $140,000*15%+$140,000

Sales in sept = $21,000+ $140,000

= $161,000

Cash collected Sept =$161,000*30%

= $48,300

Cash collected in sept for August sales = $140,000*70%= $98,000

Purchases Sept = $85,000

Cash purchases = $85,000*25%

= $21,250

Cash purchases in August = $75,000*75%= $56,250

Ending cash bal in Sept = $71,500+ $48,300 + 98,000- $21,250 - 56,250 = $140,300

7 0
3 years ago
Read 2 more answers
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