Organizational development (OD) refers to a philosophy and collection of planned change interventions that takes a long-term approach to change and assumes that top management support is necessary for any change. It helps organizations and companies to succeed or improve by changing their strategies, policies, etc.
Answer: (c) Organizational development is a philosophy and collection of planned change interventions.
Answer:
(C) Laggards
Explanation:
A laggard in general refers to someone who lags behind or whose progress is slow.
The word "adopter" refers to, someone who adopts and accept something new. Adopters are categorized as, customers based upon their desire to try out new things or accept latest trends.
Five kinds of adopters are described under the said classification namely, innovators, early adopters, early majority, late majority and laggards.
In the given case, Tom belongs to the category of "laggards" as evidenced from his ignorance and unwillingness to accept technological advancements. The acceptance of a smartphone later, has been an outcome of requirement and not his own willingness here.
Answer:
Explanation:
Variable cost = 20,841*70%+9,765*30% = 17,518.20
Fixed cost = 20,841+9,765+2,239 -17,518.20 = 15,326.8
Contribution margin per unit = (Revenue - Variable cost)/subscribers =(35,345-17,518.20)/32.5 = 548.5
a) Break even unit = Fixed cost/Contribution margin = 15,326.8/548.5 = 27.9 Million
b) Revenue per account = (Total variable cost+Total fixed cost)/subscribers = (17,518.20+15,326.8)/32.5 = $1010.61
Answer:
Assets will be overstated and Net Income understated
Explanation:
The effect on the balance sheet and income statement
<u>Balance Sheet :</u>
Inventory will be overstated
Inventory belongs to the Current Asset group
Meaning Assets will be overstated
<u>Income Statement :</u>
Inventory will be overstated
This reduces cost of sales with an amount greater
Meaning Profits will be overstated
Conclusion
The effect on the balance sheet and income statement would be : Assets will be overstated and Net Income understated.
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