Answer:
C. backward vertical integration
Explanation:
Vertical integration is one in which the supply chain of a clothe producing company is owned by the
Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.
From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.
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Answer:
The answer is stated below:
Explanation:
If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.
Recommendation
1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.
2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.
3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.
Answer: spoofing or phishing
Explanation: Spoofing is the act of concealing, as a known, reliable source, a communication from an anonymous source.Spoofing can be extended to emails, phone calls, and websites, or may be more sophisticated, such as an IP address spoofing device, Address Resolution Protocol (ARP) or Domain Name System (DNS) server.
Fraudulent sending of emails by reputable companies to force individuals to reveal personal information, such as passwords and credit card numbers.
Hence from the above we can conclude that the given case relates to spoofing or phishing.
Answer:
B, Necessities
Explanation:
Administrative management can be defined as the process of managing information between people in an organization.
One of the pioneering theorists of administrative management was Charles Clinton Spaulding. He was an African-American business leader as well as the head of an insurance company, Mutual life insurance company, the largest black business in the USA at the time.
He postulated 8 necessities of administrative management and they are
1. Cooperation and teamwork
2. Authority and responsibility
3. Division of labor
4. Adequate manpower
5. Adequate capital
6. Feasibility studies/analysis
7. Advertising budget
8. Conflict resolution
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