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The decisions made by Committees are usually made more hastily than individuals as they consist of more professionals, thus a larger pool of skills and knowledge.
(i) Director’s remuneration packages.
(ii) Rates of pay for all of the company’s staff.Considering the following options above, which would be correct?
(i) They invite a compromise instead of a clear-cut decision, there is no win-win situation
(ii) Time-consuming and expensiveOut of the above statements, which would be considered as true?
A. Nomination committee
B. Stakeholder committee
C. Shareholder committee
D. Ethics committee
E. Audit committee
F. Remuneration committee
Committees may fail to recommend decisive action where needed, due to the need for compromise between members.
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