Answer:
The five Specific forces acting as stimulants for change are (1)Globalization, (2)Social trends (3)Competition (4)Changes in Technology (5)Changes in Law and political behavior.
Explanation:
Solution
The Five specific forces as stimulants for change is stated below:
- Globalization: globalization has also affected the domestic organizations more often. Globalization has led to the increase of the competition for every industry. for this, every domestic business would have to adopt some change is in its operations to maintain its market share and to get a competitive advantage over others.
- Social trends: social trends in any market would act as a stimulus for organizational environment and change as they would help the business get a first-mover advantage. for example, any social movement such as ripped jean or Bell bottom jeans, made the various companies in the same industry to adopt some changes.
- Competition: the entrance of new competition in the market forces the existing business organizations to acquire some changes to get a competitive advantage.
- Changes in technology: It is one of the significant changes in the business environment, which acts as a substance for the change in the organization. If any business wants to prosper and survive for a longer period, then it would have to acquire changes according to the technological changes in the environment to attend the competitive environment and a continually increasing market share.
- Changes in law and political behavior: if there are changes in government or law in any country, it may bring some changes for the business. It would force the business to adopt such changes. for example some laws related to the environmental Protection force are the business to produce environment-friendly products and adopt green technology.
Answer:
This question requires us to calculate net income and return on assets for the year.
Net income
As sales and profit margin on sales is given so net income can be calculated as follow.
Net income = sales * profit margin
Net income = 837,900 * 8% = $ 71,832
Return on investment
To calculate return on asset we first have to find total asset. Total assets can be calculated as follow.
Asset turnover ratio= Sales/ Asset
Asset = 837,900/1.9 = $ 441,000
Return on asset = 71,832/441,000 = 16.29%
I agree with the first one cause money is very important u have to use it wisely but you also wanna take it into your own matters it something were to go wrong
Answer:
focus on what its asking
Explanation:
and make it fun to read don't make it boring
