Antonio Is a Management Consultant

question 60

Multiple Choice

Antonio is a management consultant. He is working with a well-established software developer that has employees in nine countries. Antonio has noticed that senior management at the company excels at managing suppliers and competing with rivals. However, the managers know little about new laws related to software in the countries where they do business, and they have not focused on the fact that the company's customer base is aging. What should Antonio suggest in his report to the company CEO?

• A)Instead of monitoring the task environment, spend time and money addressing the general environment.
• B)Instead of monitoring the general environment, spend time and money addressing the task environment.
• C)Keep up the good work as far as the task environment is concerned, but put more time, resources, and expertise into addressing the general environment.
• D)Relocate all of the company's offices, plants, and jobs to one country so the task environment and general environment become the same.

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Definitions:

Securities Violations

Illegal activities involving the trading or handling of securities, such as insider trading, fraud, or manipulation of the market.

Due Diligence

A required standard of care that certain professionals, such as accountants, must meet to avoid liability for securities violations.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.

Generally Accepted Accounting Principles

The standard framework of guidelines for financial accounting used in any given jurisdiction; commonly abbreviated as GAAP.