Answer:
False.
Explanation:
Profit can be defined as the financial benefit received by a business organization when the total revenue exceeds the total costs. Revenues are as result of the sales while the total costs include; costs of running the business, expenditures and taxes. Profit can be calculated using the formula below;
P=R-C
where;
P=profits
R=total revenue
C=total costs
This can also be expressed as;
Profits=Total revenue-total costs.
In the case above, even if the two firms have identical sales, operating costs, employee competence, assets, and financing policies, they don't have identical tax liability. Tax liability can be defined as the amount of tax that is owed to an authority usually the government. Firms usually differ in the amount of tax they are to pay with regard to numerous factors. One factor is that whether the firm is registered as an S corporation or not. An S corporation is a company that does not pay corporate tax. The taxes in an S corporation are filed on individual incomes thus avoiding double taxation.
Answer:
Unfreezing
Explanation:
According to Kurt Lewin's change management model, the first step of change which is the unfreezing stage entails informing the organisation of why change is necessary.
For example, if the CEO of Red Arc informs the employees of the proposed benefits of the merger e.g increased sales and financial results, increased employee benefits etc, this will help the employees understand why the merger is necessary. The employees will then be ready to accept the change.
According to dr. w. Edwards Deming's quality movement and quality efforts need to be constantly and consistently improved.
Deming is widely recognized as one of, if not the founders of total quality management. Deming is largely credited with the revolution in Japanese manufacturing management that led to the economic boom of the 1970s and 1980s.
In the 1930s, Deming was intrigued by the idea of using statistics to improve quality control. His focus was on improving production and eliminating future failures by systematically collecting failure records and investigating and correcting root causes.
Deming's philosophy known as Dr. Deming's "Management Theory" and later "systems of profound knowledge" represent a holistic approach to leadership and management. philosophy brings together an understanding of variation, epistemology, psychology, and appreciation of the system.
Learn more about Deming here brainly.com/question/26326939
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