<span>Kotter's 8 steps of leading change can be applied in managing change.</span><span>Creating a sense of urgency will help spark the initial motivation to get things moving. Forming a powerful coalition will ensure that the change effort is supported by key decision makers. Creating a vision for the change will help make it memorable. Communicating the change will ensure that people's concerns are addressed so that they can embrace it. Removing obstacles will reduce resistance faced. Creating short term wins will provide momentum needed to keep the changes going. Building on change will enable shortcomings to be improved. Anchoring the change on corporate culture will ensure that it sticks. </span>
The answer is the Status symbol.
A status symbol is typically an object meant to symbolize the high social and financial position of its owner.
Status symbols frequently vary as a culture and its ideals evolve.
Different status symbols may also be dictated by one's line of work, and some uniform designs may be interpreted as status symbols.
Status symbols in capitalist society are frequently connected to material prosperity. Status symbols might alter depending on where they are used.
For instance, a physical scar may signify honor or bravery in cultures where warriors are revered, becoming a status symbol.
Hence, in the given scenario where the size and cut of a diamond allow people looking at a ring to roughly estimate its cost and make a judgment about the wearer's economic status. A diamond is a status symbol.
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Answer:
Microsoft will choses High price and you will choose to enter the market .
Explanation:
The Nash equilibrium
<u> You </u>
<u> enter Don't enter</u>
Microsoft high price ( $30 , $10 ) ( $60 , $0 )
Microsoft low price ( $20, -$5 ) ( $50, $0 )
From the Nash equilibrium the best time for you to enter the market is when Microsoft Charges a high price
While the best time for Microsoft is when it charges a high price and you do not enter the market
But considering Simultaneous Move game : Microsoft will choses High price and you will choose to enter the market .
Your name of course, where you went to school, info on what your goals are that you want to obtain, work history, and what your good at.
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
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