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NISA [10]
3 years ago
15

Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp

any—including the CEO, who also chairs the board. The board has been failing in its responsibilities toward the shareholders, who now want a new board. Assuming that the total number of board members remains constant, how many outside directors should the shareholders appoint to Sorenson's board to achieve board independence?
Business
1 answer:
Vesnalui [34]3 years ago
8 0

Answer:

D. 7

Explanation:

Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.

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In your own opinion, what is the advantages and disadvantages of having a business website​
dexar [7]

Answer:

An advantage is makin money but also You have to make your life seem perfect

Explanation:

5 0
3 years ago
Billy has received a mediocre evaluation for the second year in a row. He knows that he has made improvements, but his superviso
aleksandrvk [35]

Answer:

b. He could take deep breaths and then respond non judgmentally.

Explanation:

Although Billy has received a mediocre evaluation and he loves his job that he doesn't want to make a switch, in my opinion it would be the better option for Billy to take deep breaths, take a moment and then respond to his supervisor in a non judgmental way because it is of no good if he keeps on being judgmental about his supervisor and thinks that his supervisor does not care. Before making any decision further, i think billy should think non judgmentally.

Hope this clears everything. Good luck :)

7 0
2 years ago
Read 2 more answers
The state of maine has a law dealing with groundwater called absolute dominion. describe this law and how nestle uses it to thei
Anit [1.1K]
<span>Absolute Dominion is the current law involving ground water in Maine, Indiana, and Texas which in effect states that the owner of the property has complete control over the groundwater underneath their property and may pump that water up without regard to causing shortages with neighbors. Basically, you can pump as much as you want without worry about legal repercussions. Contrast this to the "reasonable use" rule that's used in most of the rest of the United States. The reasonable use rule prohibits landowners from "wasting groundwater" or transporting the groundwater off their property for use elsewhere. Now, how does this affect Nestle? In Maine there was a company called "Poland Springs" which pumped out groundwater for drinking in the local community. This company was purchased in 1980 by Perrier which is based in France. And finally, in 1992, Nestle purchased Perrier. Under Absolute Dominion, Nestle has no limit on how much groundwater they can pump and export to other locations without regard to long term sustainability.</span>
4 0
3 years ago
Dessert Palaeice specializes in creating and selling unique bakes and ice creams. It introduces a specialty ice cream, served wi
Arte-miy333 [17]

Answer:

C. Accommodation

Explanation:

Accommodation occurs when schema is change in order to accommodate new information. It occurs when a stimulus has major characteristics of an existing category but not all characteristics. In accommodation, our existing schema is changed to accommodate new information. In this case, customers accommodated the changes in taste to the specialty ice cream and sauce taste that Dessert palaeice introduced after being initially apprehensive of the changes.

5 0
2 years ago
You are hurt in a car accident and your lawyer wins a $100,000 settlement to be distributed as follows: $20,000 immediate paymen
Orlov [11]

Answer:

The value of the settlement is $ 62,604.06  

Explanation:

The value of the settlement is the present values of all cash flows less lawyer's fees of $10000

In discounting the cash flows, I used the Present Value formula,which is:

PV=FV/(1+r)^n

FV =future value,amount receivable at each point time

r=rate of return=6%

n is the applicable number of years to each future value amount, for instance the $30000 last payment is receivable in the eleventh year,hence n is 11 years

The settlement value is the figure in the excel spreadsheet attached.

Download xlsx
5 0
3 years ago
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