All categories

2 years ago

How can business apply force field analysis in the workshop

1 answer:

4 0

A plan of action can be used to raise support and minimize resistance to the change after the business uses force field analysis in the workshop.

What is the force field analysis?

Kurt Lewin's analysis of the force field. Before adopting changes to business processes, businesses use force field analysis as a decision-making tool to assess the significance, impact, and influence of various aspects.

To assess the important factors inside a team, department, company, or community that are both in favor of and opposed to a change process. A Force Field Analysis is used to determine where a proposed change is supported and where it is opposed.

Hence, the significance of the force field analysis is aforementioned.

Learn more about on force field analysis, here:

brainly.com/question/15290664?referrer=searchResults

#SPJ1

You might be interested in

This project is similar to a project you completed a few months ago and you would like to reference the older project for inform

Mkey [24]

Answer:

The correct answer is A. Analogous estimating.

Explanation:

The analogous estimate, also called top-down estimates, means the use of real durations of similar previous activities, as the basis for the estimation of the duration of a future activity. It is frequently used to estimate the duration of the project when there is a limited amount of project detail information (for example in the initialization phase).

The Analog Estimate is also called top-down, it consists of using the real costs of similar previous projects as a basis for the estimation of costs of the current project. This technique is frequently used when the detail of the information about the current project is limited ( for example in the early stages Analog Estimation is a form of expert judgment It is less expensive than other techniques, and usually less accurate It is more reliable when the previous project is similar in fact and not only in appearance and when groups or individuals who prepare estimates, have the required experience.

6 0

4 years ago

Q 4.26: on december 31, 2017, before any year-end adjustments, canterbury shoe repair's prepaid insurance account had a balance

melamori03 [73]

<u>Calculation of adjusted balance for prepaid insurance at December 31, 2017:</u>

It is given that on December 31, 2017, before any year-end adjustments, Canterbury shoe repair's prepaid insurance account had a balance of $3,500. It was determined that $2,200 of the prepaid insurance had expired.

So the adjusted balance for prepaid insurance at December 31, 2017, shall be (3500-2200) = <u>$1,300</u>

3 0

3 years ago

Fees earned $942,135 Office expense 216,690 Miscellaneous expense 18,845 Wages expense 452,225 Accounts payable 23,555 Accounts

sp2606 [1]

Answer and Explanation:

The preparation of the balance sheet as on May 31, 20Y6 is as follows:

Assets

Cash $252,875

Accounts receivable $65,950

Supplies $11,305

Land $301,000

Total Assets $631,130

Liabilities

Accounts payable $23,555

Common Stock $135,000

Retained earnings (see working below) $472,575

Total Liabilities $631,130

Working note

For retained earnings first determine the net loss or net income as the case may be

= Fees earned - office expense - miscellaneous expense - wages expense

= $942,135 - $216,690 - $18,845 - $452,225

= $254,375

Now the ending retained earning balance is

= opening retained earning balance + net income - dividend paid

= $254,000 + $254,375 - $35,800

= $472,575

4 0

3 years ago

The primary concerns when first starting your business are:

const2013 [10]

The primary concerns when first starting your business are: financing and planning

8 0

3 years ago

Companies have the opportunity to use varying amounts of different sources of financing, including internal and external sources

Mrrafil [7]

Answer:

A) Company A is the one that is financially leveraged.

Where there is the presence of debt in the capital structure of a firm, that firm is said to be Financially leveraged.

B) A is true.

A company's return on equity or expected returns increases because the use of leverage increases stock volatility. Volatility increases its level of risk which in turn increases returns. This happens only if the company is operating an ideal level of financial leverage.

On the other hand, however, but excessive debt can increase the risk of default and can lead to low returns or even bankruptcy.

Cheers!

5 0

3 years ago