The Obama Administration Expressed a Desire to Eliminate Coal as an Energy

question 79

Multiple Choice

The Obama administration expressed a desire to eliminate coal as an energy source, and introduced regulations to drive the coal industry out of business.The Trump administration eased regulations on the coal industry, but also took steps to encourage the development of other forms of energy.In light of this changing regulatory environment, decision makers in the energy industry are most affected by what condition?

• A) Uncertainty
• B) Complexity
• C) Intraorganizational conflict
• D) Interorganizational conflict

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Definitions:

Raw Material

Basic substances in their natural, modified, or semi-processed states used as inputs to a production process for manufacturing goods.

Beginning Inventory

The value of goods available for sale at the start of an accounting period, carried over from the end of the previous period.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.

Direct Labor Budget

A financial plan that estimates the cost of direct labor required to meet the production needs of a business.