Expensive cost affected market out put decision
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A sense of urgency - in order for the business to grow, it has to have a sense of urgency and refrain from procrastination. It has to act fast and not be left behind by new business. Plan and act are the keywords.
Building a guiding coalition - a business cannot stand alone. It needs people to help it grow. We have to interact with others who may be able to help us with ideas and purpose.
Form strategic visions and initiatives - we have to know what we want in the future and must act to become that future.
Enlist a volunteer army - get someone knowledgeable and enthusiastic to start going with the future vision of the company.
Enable action by removing barriers - Have a straight vision of what you want for your business, don't look at the different direction that will just hamper your growth. Do strategies, visioning and have focus.
Sustain Acceleration - when you are gaining your goal, don't stop. Just continue to grow and make the most of every opportunity.
Institute Change - Be adaptive to the changing world. Upgrade and go with how things flow without sacrificing your goal.
The first thing that Caroline should do is: disclose the violation in accordance with policy to the appropriate person in her firm.
<h3> AICPA interpretation</h3>
Based on the scenario she should disclose the violation in accordance with policy to the right person.
Which is why AICPA code of professional conduct was created so as to ensure that accountant or professional accountant comply with independence rule.
Therefore she should disclose the violation.
Learn more about AICPA interpretation here:brainly.com/question/22596931
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