An organization is not completely at the mercy of the external environment. Explain environmental management and give an example how a motorcycle helmet manufacturer might use it.
What will be an ideal response?
When a company implements strategies that attempt to shape the external environment within which it operates, it is engaging in environmental management. For example, extensive political lobbying may influence laws requiring helmet use or international competition. Working together in trade associations would allow the company to influence the competitive environment. Educating riders on the benefits of wearing helmets might modify its social environment. Students' answers will of course vary.
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If in evaluating a proposal by use of the net present value method there is an excess of the present value of future cash inflows over the amount to be invested, the rate of return on the proposal exceeds the rate used in the analysis
Indicate whether the statement is true or false
On November 19, Nicholson Company receives a $16,800, 60-day, 5% note from a customer as payment on account. What adjusting entry should be made on the December 31 year-end? (Use 360 days a year.)
A. Debit Notes Receivable $42; credit Interest Revenue $42. B. Debit Interest Revenue $140; credit Interest Receivable $140. C. Debit Interest Receivable $140; credit Interest Revenue $140. D. Debit Interest Receivable $98; credit Interest Revenue $98. E. Debit Notes Receivable $98; credit Interest Receivable $98.
Which of the following is not a problem with secret-key cryptography?
(a) You cannot authenticate which party created the message. (b) The two people communicating must still find a way to transmit the secret key securely. (c) A different key is required to communicate with each person to receive a message. (d) All of the above are problems with secret-key cryptography.
Which of the following is the most important legislation in improving the condition of U.S. waters?
A. National Environmental Policy Act B. Clean Water Act C. Water Quality Improvement Act D. Water Pollution Control Act E. Resource Conservation and Recovery Act