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3 years ago

Advice Florence and her team on how they can convince the staff using john kotter's theory to lead change

1 answer:

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John Kotter’s theory for leading can help business staffs to improve their performance especially in completing assignments and improving teamwork. His theory centers on eight steps:

1. Creating urgency to spur change.

2. Forming a powerful coalition from people of diverse talents.

3. Make a vision of change that would inspire and rally your group.

4. Communicate that vision so that all of you understand what needs to be done.

5. Remove obstacles that would impede your goals.

6. Create short-term wins that would help in the short run but will contribute in the long run.

7. Build on change while the momentum is there.

8. Anchor that change as a model for others to follow.

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According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain pres

Pachacha [2.7K]

Answer:

(A) realize financial rewards.

Explanation:

In theory (textbook) the no.1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.

However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.

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2 years ago

Which part of your uniform must be worn at all times (select all that

Elina [12.6K]

Explanation:

closed-toed footwear.

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2 years ago

Dwyer Company reported the following results for the year ended December 31, 2007, its first year of operations: 2007 Income (pe

Art [367]

Answer: $315,000 deferred tax asset

Explanation:

The amount that Dwyer should record as a net deferred tax asset or liability for the year ended December 31, 2007 will be calculated thus:

= ($2400000 – $1500000) × 35%

= $900000 × 35%

= $900000 × 35/100

= $900000 × 0.35

= $315000.

Therefore, the answer is $315,000 deferred tax asset

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2 years ago

What is a disadvantage of the payback method?

HACTEHA [7]

The statement " It eliminates the inflows of cash earned following the payback period and time value of money" is the disadvantage of the payback method

The payback period is the period thats tells the time period in which the initial investment that was made should be recovered.

It is to be measured in years normally.

For finding the disadvantage, we need to find out the following information related payback period

It is easy to calculate
The cash flows earned after the payback period should not be used
There is no requirement to determine the present value factor for measuring the payback period.
Also, it does not use for distinct cheap projects from lower ones

So this is the reason this method ignored the times value of money

Therefore, we can conclude that, the correct option is b.

Learn more about the payback method here: brainly.com/question/16255939

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3 years ago

At the profit-maximizing level of output

tensa zangetsu [6.8K]

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

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3 years ago