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levacccp [35]
2 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]2 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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8 0
3 years ago
Assume that you have entered into a swap agreement for a notional of 100M USD under which every 6 months you agree to pay LIBOR
hodyreva [135]

Answer:

C) 0.5 USD

Explanation:

Swap is an arrangement in which two parties exchange their interest rates for mutual benefit. One party may receive fixed rate and other will receive floating rate based on LIBOR. In the given scenario the swap agreement was originated when the LIBIOR was 3%. The fixed rate was set to be at 4% so the net gain at the time of inception was 1%. When LIBOR increased after six month the net gain declined to only 0.5%.

4 0
2 years ago
Sales made on account normally lead to cash receipts. true or false.
laila [671]
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8 0
2 years ago
As Veronica Janneck and her friends prepare to graduate from college, they are faced with numerous job offers with starting sala
anastassius [24]

Answer:

The answer to this question is B. Peak

Explanation:

The peak stage of a business cycle is the stage where the economy is producing at is maximum rate and the rate of employment is higher. At the peak cycle, employment is at or above full employment, and inflationary pressures on prices are evident. A peak is the highest point of the business cycle, when the economy is producing at maximum allowable output,

3 0
3 years ago
Which change is illustrated by the shift taking place on this graph?
pantera1 [17]

Answer:

i just took this quiz its B

Explanation:

7 0
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Read 2 more answers
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