The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.
<h3>What is meant by self renewal in business?</h3>
The term has to do with the dimension that is seen in a business through the renewal of the key ideas of the particular business. This is the change and redefinitions of the concepts of the business and the ways that it is organized. It also has to do with the systems that would bring about innovations.
Hence we can say that The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.
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Answer:
The correct answer would be option B, A bank approves mortgage for a customer.
Explanation:
Injecting money into the economy means increasing money supply in the economy. It means more money is in the circulation. So when a bank approves a mortgage for a customer, it means bank is releasing money which will be in circulation and becomes a part of the economy. Mortgage is basically the loan or money which a bank or financial institution lends to a person or company on an agreed upon interest rate in exchange of their property with the condition that the bank will sell the property to get its money back if the borrower fails to return the loaned money. So the best example of how a bank can inject money into the economy is to approve the mortgage for a customer.
Answer:
I think that a small business introducing a new line of clothing and accessories should use the penetration pricing policy. The penetration pricing policy prices their products very low to start out with to try and distract competitors from there competition and towards them.
Explanation:
Hope that helps!
Answer:
Explanation:
Particulars Amount
Common stock $15 par value 594,000
Paid-In Capital in Excess of Par—Common Stock <u> 15,840</u>
Total Paid-In Capital 609,840
From sale of Treasury stock 24,400
Add: Retained Earnings 932,000
Deduct: Treasury Stock (645 shares) <u>12,255</u>
Total Stockholders' Equity 1,553,985
