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Kamila [148]
3 years ago
7

Five specific forces as stimulants for change and examples

Business
1 answer:
Oksanka [162]3 years ago
4 0

Answer:

Alfred North Whitehead was a philosopher and mathematician, but, with that kind of insight on the subject of change, he could have been a CEO. Today’s business leaders have to worry about addressing customer needs in a fast-paced environment impacted by social, economic, political and cultural shifts. In today’s business environment, the ever-looming presence of change is pretty much the only thing that stays the same.

The problem is, no one likes change.

Time-lapse photo of a clock showing the minutes changing.

Change, like the passing of time, is unavoidable

Organizations and their managers have to learn how to anticipate and implement change effectively. Managers need to find ways to overcome their employees’ natural aversion to change, because managing change effectively can mean the difference between staying in business and becoming irrelevant to their customers. The first step in managing change effectively is to understand what change is and where it comes from.

Organizational change is the transformation or adjustment to the way an organization functions. Organizations adjust to small changes all the time, possibly looking to improve productivity, responding to a new regulation, hiring a new employee, or something similar. But on top of these little adjustments we make at work all the time, there are larger pressures that loom over us, like competition, technology, or customer demands. Those larger pressures sometimes require larger responses.

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The employees of Wingim Corp. were unhappy with the new policies that were introduced by the management, so they decided to rebe
miv72 [106K]

Answer:

The correct answer is letter "D": soldiering.

Explanation:

American economist Frederick Winslow Taylor (1856-1915) in his "<em>The Principles of Scientific Management</em>" referred to as soldiering to the act in which employees underperform on purpose. According to Taylor, this behavior is mainly caused because of the employees' belief that reaching maximum efficiency could lead to employers firing less productive workers, and because of little to no incentive wages.

7 0
3 years ago
Control Inc. has no debt and a total market value of $100,000. EBIT are projected to be 6,000 if economic conditions are normal.
Zinaida [17]

Answer:

$3.12

Explanation:

For expansion:

EBT = EBIT - Interest

       = [6,000 + (30% × 6,000)] - $0

      = $7,800

Net income = EBT - Tax

                   = $7,800 - $0

                   = $7,800

Earning per share for the case of strong expansion period before any debt is issued:

= Net income ÷ Number of shares outstanding

= $7,800 ÷ 2,500

= $3.12

5 0
3 years ago
Google this for me: How to handle analysis paralysis?
Ivanshal [37]
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6 0
3 years ago
Read 2 more answers
Use your notes to explain how prices affect demand.
abruzzese [7]

Answer:

Amount of a product people purchase at various prices. ... There exists an inverse relationship between price and quantity demanded. As the price of a good or service goes up, the number sold (quantity demanded) goes down. As the price of a good or serve goes down, the number sold (quantity demanded) goes up.

7 0
2 years ago
Over the past year you earned a nominal rate of interest of 10% on your money. The inflation rate was 5% over the same period. T
Veronika [31]

Answer:

5%

Explanation:

Purchasing power refers to the amount of goods and services a unit of currency can buy.

Purchasing power can be determined by finding the real interest rate.

Real interest rate = Nominal interest rate - inflation rate

10% - 5% = 5%

I hope my answer helps you

5 0
3 years ago
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