Answer:
(D) decreasing perceived risk
Explanation:
It is recommended that Colgate is the number-one toothpaste by most dentists due to its involvement in offering accurate references. It is one of the strategies to decrease perceived risk. Another strategy Colgate company has followed over the year is ensuring transparency. They have accurate data that supports that Colgate is the best toothpaste. Since all those strategies are used to reduce perceived risk, option "D" is the correct answer.
Answer:
c. 1.14
Explanation:
Year Cash Flow PV Factor 10% PV of Cash flows
($) ($)
Year 1 180,000 0.909 163,620
Year 2 120,000 0.826 99,120
Year 3 100,000 0.751 75,100
Year 4 90,000 0.683 61,470
Year 5 90,000 0.621 55,890
Total = 455,200
Initial cash outflow = $400,000
Cash inflow = $455,200
So, we can calculate the present value index by using following formula,
Present value index = Cash inflow ÷ Cash outflow
= $455,200 ÷ $400,000
= 1.14
Answer:
Order size = 50 cars
The number of orders=25
Explanation:
<em>The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost. </em>
It is computed using the formulae below
EOQ = √ (2× Co× D)/Ch
Co- Ordering cost, Ch- Carrying cost - D- Annual demand
EOQ= √2× 1000× 1250/1000= 50
Number of cars to be ordered per time, i.e optimal order size= 50 cars
Order size = 50 cars
b)
The number of times orders should be placed per year would be calculated as follows:
The number of orders = Annual demand/ order size
The number of orders= 1250/50 = 25
The number of orders=25
Answer:
1. "lack of documentation in the implementation project."
2. "resistance from end users for IS implementation."
Explanation:
Some of the general challenges of implementing change are:
1. Lack of Proper Planning.
2. Low Employee Morale.
3. Lack of Consensus.
4. Adopting New Technology.
5. Failing to Communicate.
6. Resistance
However from the scenario, we see two major challenges of IS implementation which also agrees with the general challenges of change management and implementation.
1. Lack of documentation in the implementation project: The issue of lack of documentation during implementation is in relation to 'lack of proper planning' because such documentation will be invaluable when it comes to training the staff about the change that has been implemented. Lack of implementation documentation will also lead to inability to communicate the progress of the implementation to Staff. In summary implementation documentation are necessary for understanding whatever change(s) will happen as a result of such project.
2. Resistance from end users for IS implementation: This is not a problem peculiar to this scenario but as can be seen from the general problems of implementing organisational change, 'resistance' is a problem.
Such resistance is caused by other factors like 'lack of communication' and 'lack of consensus'. Employees always do resist change because they are already used to the old way of doing things and possibly were not part of the decision to implement an IS.
These challenges can be addressed by staff engagement, staff training on the change and effective communication.