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levacccp [35]
3 years ago
15

Which of the following is the first step in Kotter's eight-step plan for implementing change?A) Create a new vision to direct th

e change and strategies for achieving the vision.B) Establish a sense of urgency by creating a compelling reason for why change is needed.C) Plan for, create, and reward short-term "wins" that move the organization toward the new vision.D) Form a coalition with enough power to lead the change.E) Communicate the vision throughout the organization
Business
1 answer:
forsale [732]3 years ago
4 0

Answer:

The correct answer is letter "B": Establish a sense of urgency by creating a compelling reason for why change is needed.

Explanation:

American educator John Kotter (born in 1947) in his book "<em>Leading Change</em>" (2011) proposed an eight-step method to generate change within an organization. The first of them is to Create Urgency, where potential risks are identified, and scenarios that illustrate what might happen in the future are created. Also, honest discussions are carried out to offer diverse and compelling reasons of why the change is needed.

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how much would be in your savings account in 9 years after depositing $160 today if the bank pays 9 percent per year
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In 9 years after depositing $160, in my savings account would be $289.6

The formula for simple interest and procedure we will use to solve this exercise is:

S.I.= (P*R*T)/100

Where:

  • P = principal
  • R = rate of interest in % per annum
  • T = time

Information about the problem:

  • P = $160
  • R = 9%
  • T = 9 years
  • Total amount = ?

Applying the simple interest formula, we get:

S.I.= (P*R*T)/100

S.I.= (160* 9*9)/100

S.I.= $129.6

Calculating the total amount that would be in my savings account, we get:

Total amount = P + S.I.

Total amount = $160 + $129.6

Total amount = $289.6

<h3>What is simple interest?</h3>

It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.

Learn more about simple interest at: brainly.com/question/20690803

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