The manager's fiduciary duty refers to _____. 2012books.lardbucket.org
The answer is the moral duty managers have to act as responsible agents to the owners. A person with a Fiduciary Duty is somebody in whom another person has placed the greatest trust and confidence to manage and guard property or money. The Fiduciary Relationship defines a relationship in which one individual has a duty to act for another's benefit. In other words, in a fiduciary relationship a manager's main obligation or duty is to act towards the benefit of the shareholders.
The manager's fiduciary duty refers to their obligation to act in the best interest of the shareholders or all stakeholders, depending on whether one adheres to the shareholder primacy theory or the stakeholder theory, respectively.
Explanation:The manager's fiduciary duty essentially refers to the responsibility to act in the best interests of another party, typically the shareholders of a company. This comes from the principle of shareholder primacy, which posits that managers should function solely to promote the interests of shareholders. This perspective is based on the understanding that shareholders own a portion of the company and have invested capital into it, making it only right for their interests to be prioritized.
However, this is not the only viewpoint. An alternative perspective is the stakeholder theory, which argues that a manager's duty should not be solely to the shareholders but to all stakeholders involved. A stakeholder, in this context, includes anyone who has an interest in the firm - this could range from employees, to customers, to the local community. This theory necessitates a balance in catering to the interests of all stakeholders, not just shareholders.
Regardless of the adopted viewpoint, the key element here is that managers have a fiduciary duty. They are obliged to act in the best interest of others (either shareholders or all stakeholders), and their actions should reflect this responsibility.
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For 1993-1994, the average cost of tuition and fees at public four-year universities was $2341 for full-time in-state students. twenty years later, it had increased 330%. to the nearest dollar, what was the approximate cost for 2013-2014?
Final answer:
The approximate cost of tuition and fees at public four-year universities for 2013-2014, after a 330% increase from the 1993-1994 cost of $2,341, was $10,066.
Explanation:
To calculate the approximate cost of tuition and fees at public four-year universities for the 2013-2014 academic year, given the average cost in 1993-1994 was $2,341 and it had increased by 330% twenty years later, we use the following mathematical operation:
Tuition in 2013-2014 = Tuition in 1993-1994 + (Tuition in 1993-1994 × Increase Percentage)
Tuition in 2013-2014 = $2,341 + ($2,341 × 330%)
Tuition in 2013-2014 = $2,341 + ($2,341 × 3.30)
Tuition in 2013-2014 = $2,341 + $7,725.30
Tuition in 2013-2014 = $10,066.30
To the nearest dollar, the approximate cost for the 2013-2014 academic year was $10,066.
Which of the following is not affected by alcohol? IQ Emotions or Sleep
Alcohol is a depressant that primarily affects emotions and sleep. It can cause feelings of euphoria, reduce alertness and behavioral control and significantly affect the quality of sleep. Although it might negatively impact cognitive abilities, it does not conclusively reduce a person's baseline IQ.
Explanation:Of the three options provided (IQ, Emotions, or Sleep), IQ is the factor that is least affected by alcohol. Alcohol is a depressant that primarily affects a person's emotions and sleep. The acute administration of alcohol can lead to feelings of euphoria at lower doses and to sedation at higher doses. It also reduces alertness and behavioral control, and may significantly affect the quality of sleep.
Long-term excessive alcohol use can negatively influence the brain's function and structure, potentially decreasing cognitive abilities, but it has not been conclusively proven to reduce a person's baseline IQ. Meanwhile, studies have shown that moderate sleep deprivation can impact cognitive and motor performance, mimicking the effects of alcohol intoxication.
Moreover, sleep is vital for many cognitive functions, including creative thinking, language learning, and the processing of emotional information; aspects of sleep might be disrupted by alcohol usage. Hence, while alcohol can influence many aspects of a person's mental state and cognitive function, the overall IQ is relatively resilient against the impacts of alcohol.
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When making a major purchase, first determine your _______ income by subtracting the deductions from your gross pay.
The answer is "net income".
Net income is equivalent to net earnings (benefit) determined as deals less expense of merchandise sold, moving, general and authoritative costs, working costs, deterioration, intrigue, charges and different costs. This number shows up on an organization's pay proclamation and is a vital proportion of how productive the organization is.
Net income additionally alludes to a person's salary in the wake of considering expenses and derivations.
When making a major purchase, first determine your net income by subtracting the deductions from your gross pay.
Why is it important to budget your net pay rather than your gross pay?When creating a budget, it's crucial to consider net pay as opposed to gross income because it helps you determine how much you can buy and how much you might be able to deduct for taxes. Name two techniques for setting up a budget that can be used to start or modify one.
Before taxes and other deductions are taken out, your gross income is what is shown on your pay stub. Your take-home pay, sometimes referred to as the amount of money that is still available to you after deductions and taxes have been taken out, is your net income. Taxes, employee benefit premiums, and wage garnishments are all possible reductions from net income.
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An agreement to settle a debt for less than the sum claimed is referred to as?
a. ?rescission.
b. a satisfaction.
c. ?an accord.
d. ?a promisory estoppel.
When workers go out on a strike not approved by the union, the strike is called a?
Explain how firms production functions and costs curves will change as science and techno,ogy advance and as the knowledge of how to organize and manage resurces improves
Which of the following is a suggested practice to engage families in two-way communication?
A. Journal B. Advocacy events C. Take-home backpacks D. Weekly newslettersShale oil mining corporation is a us employer shale oil and other us employers must perform 1-9 verifications for
A company that announces a manufacturer's suggested retail price and then offers a discount off that price is using ________ pricing.
Your grandparents have both been interested in solving puzzles playing card games, watching educational television, and reading books. how do these activities affect the primary aging process
Traditional advertisements for cookware have always focused on appealing to women consumers. such advertisements make use of consumer differences arising out of microcultures based on different _____.
What kind of hulls do most sailboats and large cruisers have?
What is the maximum legal speed when the operator's view is obstructed or safe operation is impaired because of people or gear on board the vessel?
Average product is not as reliable an indicator of how a business is doing as it used to be because of
The ___________________ is the part of the labor-management agreement that states that employees who receive union benefits must join the union, or at least pay dues to it.
In a ____, a market rarely remains the domain of one organization for long; thus, competition ensues almost immediately
What are departments called that resemble separate businesses in that they produce and market their own products?
The departments called that resemble separate businesses in that they produce and market their own products are the Divisions. Furthermore, the head of each division may be a corporate vice president or if the organization is large enough, it is a divisional president.
Building equity in a home is a good thing because
equity in a home increases the homeowners net worth
Organizations specialize in finding bits of information and using them to make inferences about what people like to buy or do or even be is called
An exclusive control like in a business A. Bureaucracy B. Balance and Trade C. Monopoly D. Checks and Balances
monopoly because you are playing with many things such as businesses and property
If the federal reserve conducts an open-market purchase, bank reserves _____ and the money supply _____
Open-market purchases by the Federal Reserve lead to an increase in both bank reserves and the money supply, as the Fed creates money to pay for the securities it buys, and the banks that sell the securities deposit those new funds.
Explanation:When the Federal Reserve conducts an open-market purchase, it is buying securities, often government bonds, in the open market. Through this process, the Fed is effectively creating money, which it uses to pay the sellers of the securities. As a result, bank reserves increase, as the sellers (which are often banks) deposit their new funds.
This addition to the reserves allows banks to make more loans, further increasing the money supply as those newly created funds are deposited and re-loaned throughout the banking system.
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A debtor and a creditor have negotiated new terms on a note. how can you determine whether the restructuring is a troubled debt restructure?
If the present value of the restructured flows using the original interest rate is less than the book value of the debt at the date of the restructure.
Debt restructuring is a procedure that permits a private or open organization, or a sovereign substance confronting income issues and money related trouble to lessen and renegotiate its reprobate obligations to enhance or reestablish liquidity with the goal that it can proceed with its operations.
Your client wants to increase the number of people visiting his website. when analyzing the data for search campaign, which metric do you most want to improve?
Which is the oldest form of money still in existence today?
Final answer:
The oldest form of money still in existence today is the cowrie shell, used extensively since 700 B.C., particularly in regions like China, India, and Africa. Money has greatly evolved over the centuries to meet changing economic demands, but it has maintained its core functions in commerce and trade.
Explanation:
The oldest form of money that is still recognized in existence today is the cowrie shell. Cowries have a significant history of use that spans various cultures and continents, starting as early as 700 B.C. in China. These shells became a widely accepted medium for commerce across the broadest geographic areas including India, Africa, and even parts of Europe over the course of many centuries. Remarkably, cowrie shells maintained their value in certain parts of the world up to the early twentieth century, which is much longer than any form of metal-based or paper money that followed.
Money has evolved significantly from these ancient times. From cowrie shells to metal coins and more recently, to fiat currency and digital money like bitcoins, its form adapts to the needs of society and technology advances. Despite the many forms that money has taken, whether as cowrie shells, gold, silver, or modern fiat currency, the essential function of money has remained: to facilitate trade, act as a store of value, and serve as a unit of account.
An accountant with a college degree and a license from the state accounting board works for the department of defense as a senior auditor. he makes about $100,000 a year and will soon retire with benefits and a pension. what class would you expect him to belong to
Different budgeting periods and explain each one
What is the portion of a computerâs primary storage that does not lose its contents when one switches off the power?
Extrinsic motivation is defined as ________. the pursuit of an activity for external reward the pursuit of an activity for its own sake the pursuit of an activity to relieve the state of tension caused by deprivation the pursuit of an activity in order to increase one's competence and skills
Extrinsic motivation is defined as the pursuit of an activity for external reward, such as recognition, money, or praise, rather than for the inherent satisfaction or enjoyment of the activity itself. Therefore, option A is correct.
Extrinsic motivation is a psychological concept that refers to the drive or incentive to engage in an activity for external rewards or outcomes.
Unlike intrinsic motivation, which comes from within and is driven by personal interest or enjoyment, extrinsic motivation is derived from external factors such as tangible rewards, recognition, or social approval.
It involves seeking external validation or tangible benefits as a primary source of motivation. Extrinsic motivation can vary in its effectiveness and may have both positive and negative impacts on individuals' behavior and performance.
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What piece of legislation allows computer records documenting criminal activity to be used in court? answer?
Answer:
Federal Rules of Evidence 803(6) is the piece of legislation allows computer records documenting criminal activity to be used in court.
Explanation:
Following the Federal Rules of Evidence 803(6), we will have:
Records of a Regularly Conducted Activity. A record of an act, event, condition, opinion, or diagnosis if:
(A) the record was made at or near the time by — or from information transmitted by — someone with knowledge;
(B) the record was kept in the course of a regularly conducted activity of a business, organization, occupation, or calling, whether or not for profit;
(C) making the record was a regular practice of that activity;
(D) all these conditions are shown by the testimony of the custodian or another qualified witness, or by a certification that complies with Rule 902(11) or (12) or with a statute permitting certification; and
(E) neither the opponent does not show that the source of information nor or the method or circumstances of preparation indicate a lack of trustworthiness.