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sunsetting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › sunsetting

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by John Moffat.
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  • October 6, 2012 at 8:49 am #54602
    wahab11
    Member
    • Topics: 30
    • Replies: 15
    • ☆

    in bpp f5 it is written that ” Martin Bennett and Peter James (The green bottom line: management accounting for environmental
    improvement and business benefit’, Management Accounting, November 1998) looked at the ways in
    which a company’s concern for the environment can impact on its performance
    (e) Environmental legislation may cause the ‘sunsetting’ of products and opportunities for ‘sunrise’
    replacements”
    what does point e means?

    October 6, 2012 at 8:59 am #105398
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    It simply means that legislation may mean that a business may have to stop producing certain products (sunsetting) but it does give them the opportunity to start producing new replacement products (sunrise replacement).

    (However, you do not need to learn those words for the exam)

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