Answer:
Please find the detailed answer below
Explanation:
1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:
Appointment of auditors (if there are any)
Appointment or re-appointment of directors.
Removal of a director or the auditor etc.
2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.
3. This is known as proxy solicits
4. A QUORUM must be present, either in person or through proxies
5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote
Answer:
Encourage the top echelon of the management focus on strategic decisions.
Explanation:
To begin, Decentralization is one of the tools of management aimed at delegating tasks to the lower level of staffs. Decision in an organization is often at:
1. Strategic level
2. Tactical level
3. Operational level
Strategic decisions are often reserved for the top management. However, being the top management, they are responsible for the activities done at all levels of decision taking. Hence, decentralization has become a tool through which management delegate otherwise important functions to trusted and competent staff.
Now, with the decentralization, Matt now has more time to review proposed new joint venture - a strategic function, with one of the business partners. This is one of the advantages of decentralization, as a competitive advantage has thus been created in the time and resources used in reviewing the new joint venture.
Answer:
Bond A will be purchased
Explanation:
He will purchase Bond A, since the 20-year interest payments are fixed guaranteed and can not be named called. When he buys bond B, after 2 years the corporation will actually call the bond, as it would be easier to call the bond and issue a new bond at a lesser interest rate.
When a bond is named it means the issuer takes the bond back and charges the holder the bond's face value (what the initial purchaser paid for it)
Answer:
The opportunity cost is the income earned from her balance on savings account at the interest rate of 3% per year that Reece would received if she had not opened her owned brewery business. This opportunity cost is $600 per year.
Explanation:
Please find the below for further explanation and calculations:
The opportunity cost per one year = Income earned on saving account per one year = 20,000 x 3% = $600;
The reason why it is an opportunity cost is because as a result of opening brewery business, Reece sacrifices the income earned on this saving, instead, she contributes the saving fund to her brewery business.
