Answer the following statements true (T) or false (F)

1. Government legislation often requires the submission of an environmental assessment document for review and approval.
2. The level of cooperation between ENGOs and business is increasing.
3. ENGOs are groups that hold shared values or attitudes about challenges confronting the environment.
4. Environmental groups are easy to deal with.
5. Market environmentalism involves self-regulation.


1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. TRUE

Business

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Double-entry accounting is best characterized as:

a. The number of debit entries posted to the ledger equals the number of credit entries. b. The number of ledger accounts with debit balances is equal to the number with credit balances. c. Every transaction affects both an asset account and either a liability account or a stockholders' equity account. d. The total dollar amount of debit entries posted to the ledger is equal to the dollar amount of the credit entries.

Business

The BCG matrix approach is problematic in that it ________

A) focuses on planning for the future at the cost of ignoring the present B) focuses solely on current businesses and provides little scope for future planning C) tends to undermine the importance of market growth rate as a measure of market attractiveness D) tends to undermine the importance of relative market share as a measure of company strength in the market E) fails to classify SBUs

Business

Coordinate adjustment is a joint strategy used during times of moderate familiarity with the other party's culture.

Answer the following statement true (T) or false (F)

Business

Patty is a poor college student struggling to work and keep up with her studies. Fred, her uncle, promises to pay Patty support of $200 per month for the next six months. Although Fred didn't ask her to, she quits her current job in order to devote full time to her studies for the next six months. Fred makes one payment and then stops with no explanation. If Patty sues, what is the likely result?

a. Fred would win, as he did not ask Patty to quit her job. b. Patty would win, as a contract was formed when Fred promised to pay her the support. c. Fred would win, as family members cannot sue each other for breach of an oral promise. d. Patty may win under the doctrine of promissory estoppel.

Business