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3 years ago

John Kotter built on Lewin's three-step model to create a more detailed approach for implementing change.

Business

1 answer:

valina [46]3 years ago

3 0

Answer:

Explanation:

The change model was developed by Kurt Lewin. The model is divide into three steps: unfreezing, changing and refreezing.

According to this three-step model of Kurt, the step that represents the 'unfreezing' stage is option C.

The unfreezing stage of the change model helps people to gain an overview of daily life. It helps to unlearn the bad habits and adopt new and innovative ways to reach the goal or objectives.

So, according to the definition of the 'unfreezing' stage of the change model, the correct answer is option C as in this step, Kotter is creating a new vision or ways to reach the goal or vision.

You might be interested in

What is a natural monopoly?

Lubov Fominskaja [6]

Answer:

D. A monopoly that results when one firm is able to produce at a lower cost than multiple firms, giving large firms with higher levels of output an advantage over smaller competitors.

A. Municipal Power Light, the local supplier of electricity.

Explanation: A natural monopoly is a monopoly enjoyed by a firm due to its large nature through which it is able to enjoy Economies of scale and produce at a reduced cost which other companies are unable to meet up with.

WITH A NATURAL MONOPOLY, A FIRM HAS A CONTROL OVER THE PRICE OF THE PRODUCT PRODUCED AND SERVICE RENDERED AS THERE ARE NO CLOSE SUBSTITUTE.

The municipal Power light, the local supply of power is an example of a firm that can enjoy Natural monopoly.

6 0

3 years ago

Cybernet Systems is aâ€‹ start-up company that makes connectors forâ€‹ high-speed Internet connections. The company has budgeted

Sophie [7]

Answer:

$10,950 Unfavorable

Explanation:

For computation of flexible budget variance for total costs first we need to find out the standard cost which is shown below:-

Standard cost = (Sold connectors × budgeted variable costs) + Fixed costs per month

= (77 × $150) + $5,500

= $11,550 + $5,500

= $17,050

Flexible budget variance for total costs = Actual cost - Standard cost

= $28,000 - $17,050

= $10,950 Unfavorable

8 0

3 years ago

Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte

Westkost [7]

Answer and Explanation:

The computation of the payback period for each investment is shown below;

For Option 1

= Initial Investment ÷ Annual Cash Flow

= $280,000 ÷ $134,569

= 2.081 Year

Here Annual cash inflow is

= Net income + Depreciation

= $80,769 + (($280,000 - $11,000) ÷ 5)

= $134,569

For Option-2

= Initial Investment ÷ Annual Cash Flow

= $200,000 ÷ $70,429

= 2.84 Year

Here Annual cash inflow is

= Net income + Depreciation

= $44,000 + (($200,000 - $15,000) ÷ 7)

= $70,429

6 0

3 years ago

Droz's Hiking Gear, Inc. has found that its common equity capital shares have a beta equal to 2.5 while the risk-free return is

11111nata11111 [884]

Answer:

see explanation

Explanation:

Weighted Average Cost of Capital (WACC) is the cost of a firm from permanent sources of capital pooled together.

WACC = Cost of equity x Weight of equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock

where,

Cost of equity = Return on Risk free rate + Beta x Risk Premium

= 9.00 % + 2.5 x (14.00 % - 9.00%)

= 21.50 %

Cost of debt :

similar

N = 7 x 2 = 14

p/yr = 2

pmt = ($787.22 x 8%) ÷ 2 =

fv = $787.22 x number of bonds

pv = $80,000,000

Always use the after tax cost of debt :

after tax cost of debt = interest x ( 1 - tax rate)

7 0

3 years ago

Jane and Joe made two investments of $25,000 and $40,000 with different investors that yielded a combined rate of return of 10%

OLga [1]

Answer:

10.625%

Explanation:

The combined rate of return for two investments can be calculated using the below mentioned formula:

Combined interest=[(interest rate of first investment*first investment+interest rate of second investment*second investment)/(First investment+Second investment)]

In the given question

Combined interest=10%

Interest rate of first investment=9%

First investment=$25,000

Interest rate of second investment=?

Second investment=$40,000

10%=[(9%*25,000+Interest rate of second investment*$40,000)/(25,000+40,000)]

10%=(2250+Interest rate of second investment*$40,000)/65,000

10%*65,000=2250+Interest rate of second investment*$40,000

6500-2250=Interest rate of second investment*$40,000

4,250=Interest rate of second investment*$40,000

Interest rate of second investment=10.625%

5 0

4 years ago