List three ways in which sustainability affects an organization's business model, structure, and processes.
What will be an ideal response?
Sustainability affects an organization's business model, structure, and processes in the following ways:
1. Organizations consider a wider set of stakeholders when setting strategy.
2. Stakeholders help with the implementation of such a strategy, as employers partner with external organizations.
3. Sustainability affects corporate practices, requires greater involvement and accountability of boards of directors, and requires business transparency.
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When Honda expanded its brand into such areas as automobiles, snowblowers, and marine engines, it was pursuing a strategy called line extension
Indicate whether the statement is true or false
The degree to which an organization achieves a stated goal refers to:
A. effectiveness. B. synergy. C. conceptual skill. D. efficiency. E. human skill.
Which is a true statement?
A. Impression management can be abused if not used properly. B. Impression management can turn into manipulation. C. Careerists will use self-promotion to advance themselves at the expense of others. D. all of these
From the adjusted trial balance given below for the Grayson Company, prepare a multiple-step income statement in good form. Salaries expense and building depreciation expense should be equally divided between selling activities and the general and administrative activities. Grayson CompanyAdjusted Trial BalanceDecember 31?DebitCreditCash$ 19,500?Accounts receivable27,000?Merchandise inventory38,000?Office supplies1,200?Store equipment80,000?Accumulated depreciation-store equipment?$ 25,000Building260,000?Accumulated depreciation-building?121,600Accounts payable?28,500Salaries payable?10,000Common stock?100,000Retained earnings?69,900Dividends45,000?Sales?450,000Sales discounts8,000?Sales returns and allowances24,500?Cost of goods sold210,000?Salaries
expense38,000?Depreciation expense-store equipment16,000?Depreciation expense-building24,000?Advertising expense12,300?Office supplies expense3,500?Gain on disposal of store equipment?3,000Interest expense1,000?Totals$808,000$808,000 What will be an ideal response?