List five approaches a CIO could use to increase their understanding of the business and environment
What will be an ideal response?
1. Encourage project teams to study the marketplace.
2. Concentrate on lines of business.
3. Sponsor weekly briefings.
4. Attend industry meetings with line executives.
5. Read industry publications.
6. Hold informal listening sessions.
7. Partner with a line executive.
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The Treaty Clause of the U.S. Constitution designates the president of the United States as its agent to deal with foreign affairs.
Answer the following statement true (T) or false (F)
Felipe purchases a plot of land that is owned by Ron. After he purchases the property, Felipe discovers that the land contains valuable mineral deposits and quarries them. Ron, who did not know that the land contained valuable minerals at the time of sale, sues Felipe to recover the value of the mineral deposits. Under these circumstances, ________.
A. Ron can recover the fair market value of the mineral deposits because he did not intend to make a gift of personal property under these circumstances B. Felipe is the owner of the deposits because the mineral deposits are fixtures C. Felipe is the owner of the deposits because they became his personal property upon quarrying D. Ron can rescind the sale because Felipe is liable for conversion under these circumstances
Venus, Inc. paid $12,000 on accounts payable. How does this transaction affect the accounting equation of Venus?
A) assets decrease by $12,000 and equity increases by $12,000 B) assets decrease by $12,000 and liabilities decrease by $12,000 C) assets increase by $12,000 and equity decreases by $12,000 D) assets increase by $12,000 and liabilities increase by $12,000
Which of the following industries would constitute the white-collar service industries?
A. Agriculture B. Insurance and banks C. Steel and autos D. Insurance only