<span>When the top management team is homogeneous and a new CEO is selected from inside the firm, it is B. unlikely that the current strategy is going to change.
Nothing much is going to change when it comes to the way this company works - be it strategy or its other functioning. It doesn't really matter whether the CEO came from inside or the outside of the firm - if the strategy is good, it shouldn't be changed </span><span /><span>
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Answer:
1.  3 years and 9 months
2. $16,439,325
3. 20.33 %
Explanation:
The Summary of the Cash Flows for this project will be as follows :
Year 0      - $7,125,000
Year 1         $1,875,000
Year 2         $1,875,000
Year 3         $1,875,000
Year 4         $1,875,000
Year 5         $1,875,000
Year 6         $1,875,000
Year 7         $1,875,000
Year 8         $1,875,000
Payback Period
$7,125,000 = Year 1 ($1,875,000) + Year 1 ($1,875,000) + Year 1 ($1,875,000) + $1,500,000 / $1,875,000
                    = 3 years and 9 months
Net Present Value (NPV)
Calculation using a financial calculator :
- $7,125,000 CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
I/YR                12%
Shift NPV      $16,439,325
Internal Rate of Return (IRR)
Calculation using a financial calculator :
- $7,125,000 CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
$1,875,000   CFj
Shift IRR      20.33 %
 
        
             
        
        
        
Answer:
Place
Explanation:
When banks try to make their positioning strategies tangible through the <u>Place</u> dimension, they make sure the exterior and interior have clean lines, the layout of the desks and the traffic flow are planned carefully, and waiting lines are not overly long.
Positioning strategies: It is a strategy that choose one or two key area to focus on for brand and product growth in the market. Before implementing these strategies, it is important to understand the strength and weakness of the company, target customer need and competitor´s position in the market, it help in effective planning and achieve objective of the company. 
There are several dimension to positioning strategies, depending on what kind of analysis firm want to conduct.
Here in the given case, Bank have used place dimension of positioning strategies, so that it can gain more customer attraction and keep service flow organized in the bank.
 
        
             
        
        
        
Management is of three levels. managerial, middle and top level management. 
Explanation:
levels of management can be defined as a part of an organization that maintains responsibility for the overall productivity and the work performance of employees.
Managerial or top level management consists of board of directors. It also consists of the board of directors. Executive or middle level management consist of line or department managers and in this level mostly the managers report top the top level management. next lowest level is the operative or supervisory level management. 
Thus mostly consists of supervisors, first line managers. It comes under the organisational hierarchy of a company. top management is responsible and controls the entire organisation.