Which of the following should be integrated into an organization’s strategic planning?

a. code of ethics and employee aspirations
b. business plan and vision statement
c. mission statement and code of ethics
d. mission statement, vision statement, and code of ethics


d. mission statement, vision statement, and code of ethics

Business

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After losing her watch, Jennifer had put up a reward offer in the local newspaper for anyone who could find and return her watch. However, after two weeks she decides to buy a new watch and not pay the reward anymore

Betty, who found the watch and saw the reward offer, returns the watch to Jennifer after 20 days. Which of the following would be true about Betty receiving or not receiving the reward? A) Betty will not receive the reward as Jennifer had already revoked it. B) Betty will not receive the reward as Jennifer had stopped publishing the reward offer. C) Betty cannot claim the reward because she had not performed all the requested acts. D) Betty can claim the reward because Jennifer had not published a notice of revocation.

Business

The IRS scrutinizes related party transactions more carefully than transactions occurring in a public market.

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

Business

A company originally issued 14,000 shares of $5 par value common stock at $12 per share The board of directors declares an 14% stock dividend when the market price of the stock is $25 a share. Which of the following is included in the entry to record the declaration of a stock dividend?

A) Stock Dividends is debited for $24,500. B) Common Stock-$5 Par Value is credited for $47,040. C) Common Stock is credited for $49,000. D) Stock Dividends is debited for $49,000.

Business

Fact Pattern 14-4BPete, the owner of Quality Orchards, contracts to sell fruit to Ripe Produce, Inc. When Pete refuses to perform, Ripe Produce files a suit to enforce the contract.Refer to Fact Pattern 14-4B. To defend successfully on the ground of unconscionability, Pete must show that enforcement of the contract would be

A. economically meaningless. B. legally worthless. C. manifestly unfair or oppressive. D. undeniably valuable.

Business