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stellarik [79]
3 years ago
13

Outline two ways in which Britax reduced resistance to change.

Business
1 answer:
Firdavs [7]3 years ago
4 0

Answer:

Clear communication of the need why change is needed

Training of employees

Explanation:

Clearly articulating the need for change is one way that Britax reduced resistance to change. When employees are duly carried along on why change is needed and the benefits of the change to the organization, there is reduced resistance as in the case of Britax.

Secondly, since Britax introduced a complex computer system, there is a need to also include training of employees on how to use this new computer system. Training somehow helps reduce that anxiety and fear that modern technology brings when introduced in a workplace.

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To close the drawing account with a debit balance, credit the account for its balance and debit the owner's capital account. tru
pav-90 [236]
False is the answer.
8 0
3 years ago
Suppose business decision makers become more optimistic about the future and, as a result, increase their investment spending by
Art [367]

Answer:

$80 million

Explanation:

We know that

Multiplier = (1) ÷ (1 - marginal propensity to consume)

                = (1) ÷ (1 - 0.75)

                = (1) ÷ (0.25)

                = 4

Now the GDP would increase by

= Increase in  Investment spending × multiplier effect

= $20 billion × 4

= $80 million increase

We simply multiplied the investment spending increase with the multiplier effect

4 0
3 years ago
​________ represents a debt owed for renting a building.A.Rent PayableB.Rent ExpenseC.Rent RevenueD.Prepaid Rent
krek1111 [17]

Answer:

A. Rent Payable

Explanation:

Rent Payable refers to an expense which is certain and is to be paid in future. It represents a debt in the sense that it is an obligation which is required to be met in the near future.

The journal entry for rent payable is recorded as follows,

Rent A/C                                                       Dr.

     To Rent Payable A/C

(Being rent payable recorded)

Rent Payable A/C is a liability while rent is an expense. Expenses are debited and liabilities are credited so as to recognize them.

6 0
3 years ago
Del is buying a $250,000 home. He has been approved for a 5.75% mortgage. He was required to make a 15% down payment and will be
alukav5142 [94]

Answer:

Del is expected to prepaid to pay $535.62 in prepaid interest at the closing.

Explanation:

The down payment of 15% is $250000*15%=$37500

The balance of mortgage net of down payment=$250000-$37500

                                                                               =$212500

Interest yearly=$212500*5.75%=$12,218.75

A year interest divided by 365days give one day interest.

A day interest=$12218.75/365=$33.48

Total interest  to pay at closing=16days*$33.48

                                                     =$535.62

The number of days was 16 because July has 31days and deal was closed on 15th,hence 31 minus 15 gives 16.

4 0
3 years ago
Because of uncertainty about future inflation, the union devotes a large quantity of resources to monitoring inflation indicator
IrinaVladis [17]

Answer:

C. Variable inflation is associated with high transaction costs

Explanation:

Because of uncertainty about future inflation, it may not uncertain relative to its price change. Therefore, option A is not correct.

In order to maximize financial position, inflation harms borrowers and helps lenders, so option B is also incorrect.

Option C is correct because variable inflation is associated with high transaction costs in order to maximize the financial position. For example, if the inflation rate is 5% during first quarter, the price level is not much to disrupt the financial position. Again, in the next quarter, if the inflation rate changes to 4%, the position will be effective more. However, if it increases, it will not affect too much.

7 0
3 years ago
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