Outline two ways in which Britax reduced resistance to change.

Business

1 answer:

Firdavs [7]2 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.

You might be interested in

What phase of the business cycle would be marked by an increase in productivity while employment and profits also rise

Keith_Richards [23]

It should be stock market i think

3 0

3 years ago

Problem 3 Suppose that the risk-free interest rate is 10% per annum with continuous compounding and that the dividend yield on a

Flura [38]

Answer:

Please see explanation

Explanation:

To answer the given question, first we will calculate the theoretical future price which shall be determined using continuous compounding formula as follows:

Theoretical future price=400*e^(10%-4%)*4/12

=$408.08

The actual future price of a contract deliverable in 4 months is only $405 which means that the index future price is too low in relation to the index.

The suitable arbitrage strategy shall be:

1. to purchase the future contracts

2.Short sale the shares which are underlying the index

7 0

2 years ago

Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resourc

Vaselesa [24]

Global Blenders sells goods and services that other companies offer but does not provide any organization with the input resources needed to produce goods and services. Based on this information, we can thus say that Global Blenders is a Distributor not a supplier.

<h3><u>Explanation:</u></h3>

There are three important terms associated with the supply chain management. They are distributors, suppliers and wholesalers. Distributors are those who are directly related with the manufacturers and they represent the manufacturers in some way. Distributors have buying agreements that includes only certain number of members and also they usually cover certain specific areas.

Suppliers are those who provide goods and services to the wholesalers, retailers and also to the distributors. They usually have a very close relation with the distributors and provide them the goods and services they need.Global Blenders sells goods and services but they are not responsible for providing resources for the purpose of producing goods and services. Thus, Global Blenders is a Distributor not a supplier.

5 0

2 years ago

Read 2 more answers

Four years ago, a popular sandwich company used to sell 12-inch roast beef subs for only $5.49, but the same product now sells a

Ainat [17]

Answer:

6.22%

Explanation:

Price of sandwich four years ago, Present value = $5.49

Price of sandwich, Future value = $6.99

It is given that the inflation has been assumed to be constant over these four years.

Inflation rate refers to the rate at which prices of the good increases from the previous level. In a simple language, if there is a rise in the price of the goods then this economy is experiencing a inflation.

Inflation rate:

$=(\frac{Future\ value}{Present\ value}) ^{\frac{1}{n} } -1$