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damaskus [11]
4 years ago
8

This step requires senior management to develop an image of a desired future state. It acts as an easy slogan to guide stakehold

ers' actions and decision making. Which of the following steps of Kotter's change model is best described by the given statement?a. Creating a visionb. Consolidating improvement and producing more changec. Communicating the visiond. Establishing a sense of urgencyself-directedunrealisticrealistic
Business
1 answer:
ra1l [238]4 years ago
4 0

Answer:

The statement to develop an image of a desired future state is Kotter's:

a. Creating a vision

Explanation:

Ordinarily, there are many change models.  But for John Kotter, he has an integrated 8-step Change Model which details the series of steps one can take in order to alter the narrative in a company.  The steps he enumerated are as follows:

"One: Create a sense of Urgency.

Two: Form a Powerful Coalition to support your change efforts.

Three: Create a Vision for Change, which defines the future destination.

Four: Communicate the Vision, without which, no lasting success can be achieved.

Five: Remove Obstacles on the way.

Six: Create Short-Term Wins.  They are important for encouragement and sustainability of the moment.

Step Seven: Build on the Change.  Do not allow slack to prevail.

Eight: Anchor the Changes in Corporate Culture and they will become entrenched and indispensable."

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Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering
Hunter-Best [27]

Answer:

Forward vertical integration

Explanation:

Forward vertical integration is a type of strategic move that consists in acquiring a firm that was either a supplier, or a potential supplier.

In this case, Htc acquired a design firm that was probably part of its supply chain before (providing the design for the smartphones). In this way, htc has become more competitive because it now has merged the process of manufacturing and design under its control.

5 0
3 years ago
Data on total employment can be a good indicator of whether the economy is currently in a recession. This kind of data is called
Harrizon [31]
<h2>Statistics about "Economic activity".</h2>

Explanation:

Economic indicators as stated in the question is right and I am enriching the definition with few other pointers.

  • Analysis of Economic Performance
  • Future prediction on the Performance
  • Study of "Business cycle"
  • Includes various "surveys of economy", report on earnings, "summary of economy"
  • Help investors
  • Assess about the investment
  • Many indicators: a) Gross Domestic Product

                                     b) Employment indicator

                                     c) Consumer Price index

                                     d) PMI Manufacturing & services

3 0
3 years ago
The relationship between these two entities is an example of: __________
n200080 [17]

Answer:

d. vendor-managed inventory.

Explanation:

Vendor Managed Inventory or in short, the VMI may be defined as a business model or a concept where the buyer of the product or a service provides the information to a vendor of the product while the vendor takes all the responsibility and agrees to maintain an agreed inventory of the product,  which is usually at the buyer's or consumer's consumption location.

It is a inventory management practice for optimizing the inventory of products that is held by a distributor.

6 0
3 years ago
Compute the discounted payback statistic for Project C if the appropriate cost of capital is 8 percent and the maximum allowable
Dimas [21]

Answer:

2.35 years

Explanation:

Discounted pay back period calculates the amount of years it takes to recover the amount invested from the cumulative cash flows.

Explanations on how the discounted cash flow period was calculated can be found in the attached image.

Check for the formula for discounted cash flows in the second attached image

I hope my answer helps you

6 0
4 years ago
Novak Corp. has 8,100 shares of common stock outstanding. It declares a $5 per share cash dividend on November 1 to stockholders
Zanzabum

Answer:

November 1:

Dr retained earnings $40,500

Cr dividends payable              $40,500

Record date: no entries

December 31:

Dr dividends payable $40,500

Cr cash                                        $40,500

Explanation:

Based on the above question,the total amount of dividends declared is $40,500.00  (8,100*$5),as a result on the declaration date,retained earnings would be debited with $40,500 while dividends payable account is credited with same amount.

On payment date,the payable shown in the dividends payable account must be reversed by a debit and a credit posted to cash account since payment of dividends is an outflow of cash from the business

6 0
3 years ago
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