Thoroughly understanding that the system is dynamic should have which of the following impacts on organizations?

a. Leaders should understand that they can only focus on so much and choose one aspect of the external environment to focus on well
b. Since external factors are changing, internal systems need to change also
c. The patterns of thinking that have developed over time are reliable as new conditions arise
d. No matter what changes in the environment, the same people in an organization will always have the most influence


b. Since external factors are changing, internal systems need to change also

Business

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Support department X uses 10% of support department Y's services. The cost equation for department X would be X = .10(Y)

Indicate whether the statement is true or false

Business

The auditor obtains the current market value of marketable securities by confirmation with the holder of the security

a. True b. False Indicate whether the statement is true or false

Business

While some countries have laws regulating marketing activities, some of those countries have only a few laws that are loosely enforced

Indicate whether the statement is true or false

Business

Registration under the 1933 Act calls for disclosure of which of the following?

a. A description of the registrant's properties and business. b. A description of the significant provisions of the security to be offered for sale and its relationship to the registrant's other capital securities. c. Compensation paid to directors, the CEO, CFO, and the three other highest paid executive officers. d. All of these.

Business