Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the ___ , so directors must consider the impact of their decisions on society and the ___ . Shareholders have an additional right of private action, called a ___ , that allows them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual ___on its performance and include a third-party standard of assessment. Fill in the blanks with words that would best complete the passage. a. publicb. environmentc. benefit enforcement proceedingd. financial statemente. benefit reportf. shareholdersg. IRSh. derivative suit

Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the public , so directors must consider the impact of their decisions on society and the environment. Shareholders have an additional right of private action, called a benefit enforcement proceeding , that allows them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual  benefit report on its performance and include a third-party standard of assessment.

Explanation:

For-profit organizations whose aim is to benefit the public as a whole rather than the limit number of shareholders are known as Benefit corporations . The company takes a view of a larger picture when making decisions because the directors of the company consider the impact of their actions on the environment, public, and society as a whole.

Therefore, shareholders through benefit enforcement proceeding can enforce the corporation to pursue the stated objectives.

answer; the cpi;

answer; ///product strategy;