Scenario 3.2 Use the Following to Answer the Questions

question 6

Multiple Choice

Scenario 3.2
Use the following to answer the questions.
Clayton Homes,a mobile home manufacturer since 1934,introduced its new iHome in 2009.The iHome is one of the first of its kind,designed as an updated,modern version of the modular home,offered as a base home plus add-ons known as "pods." The base home is a one-bedroom,one-bath 734-square foot version at a price of around $80,000.There is also a 1,000 square-foot version for around $100,000.All versions may add on the additional one-room pods as desired which are shipped to your location and constructed on-site.The homes offer galvanized metal roofing,corrugated steel siding,VOC-free paints,and a "butterfly" roof that collects rainwater.The iHome uses 30% less energy than a similar square-foot home and offers "green" characteristics of solar panels,tankless water heaters,and low-flow faucets.In addition,it comes with bamboo flooring,a renewable resource.The modular,pre-fabricated design offers endless options for creating the customer's home and its engineered building system cuts down on construction waste.Due to the "green effects" of the iHome,the state governments have given it a tax abatement for any sales taxes.
-Refer to Scenario 3.2.The iHome's reduction of energy use,renewable resources as materials,"pod" customization,reduction of construction waste,and tax abatement status is/are examples of reaction to which environmental forces?

• A)political and sociocultural.
• B)political,sociocultural,economic.
• C)sociocultural and economic.
• D)political and economic.
• E)political,economic,sociocultural,and technological.

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Definitions:

Accrued Revenues

Revenues earned by a company for goods or services provided but not yet billed or paid for by the customer.

Cash Receipts

The collection of cash during a specific time period, typically from sales or other transactions.

Unearned Revenues

Funds received by a company for goods or services that have not yet been delivered or rendered, considered a liability until the product or service is provided to the customer.

Liabilities

Liabilities that a business must settle in the future, representing the financial debts owed to external parties.