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Even though you do not work in an industry that is heavily regulated by your government, such as in new product development, health, or safety, recently your government issued a mandate that senior management of all corporations must certify the accuracy of reported financial statements to prevent any accounting fraud. These controls are to be implemented in the next fiscal year. This obviously is not in your portfolio strategic or management plans but is an example of a(n):
Suggested Answer: B
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12 comments · newest first
CA
Carol
12 months ago
Not sure if this will help much in the long run.
EA
Earlean
1 year ago
It’s an enterprise environmental factor for sure!
AL
Alpha
1 year ago
Really? I doubt this will actually prevent fraud.
CR
Cristal
1 year ago
I agree, it’s all about compliance now.
GE
Gerald
1 year ago
This is definitely a mandated component.
JA
Janine
1 year ago
I’m leaning towards "mandated component," but I wonder if it could also be considered an emergent program since it’s a new requirement.
PE
Pete
1 year ago
I remember discussing strategic changes in class, but this seems more like something imposed from outside the organization.
LI
Lindsey
1 year ago
This reminds me of a practice question about regulatory changes impacting strategy. I feel like it could also be an enterprise environmental factor.
PO
Portia
1 year ago
I think this might be a mandated component since it's a government requirement, but I'm not entirely sure.
KI
Kiley
1 year ago
I got this! The directive allowed EU countries to interpret and implement the rules, while the GDPR is a single, unified law that all countries have to follow. Gotta remember that key distinction.
BO
Bong
1 year ago
I feel like performance being unaffected was mentioned in the readings, but I'm stuck between D and B.
BR
Brynn
1 year ago
Discounted Cash Flow? That doesn't seem to be directly related to Function Analysis. I'll have to eliminate that one and focus on the other options.