Lewin's three stage change process include the steps 'Unfreeze', 'Change' and 'Refreeze'. Jeenny's decision to recruit five employees illustrates the 'Unfreeze' step. It is the first step in a change management process. This step includes determining what needs to be changed. After she discovered that not delivering the customer orders on time is the problem and that is due to the insufficient manpower, she has decided what to do. This resembles the 'Unfreeze' step in the Lewin's three stage change process.
Answer:
$24.7million
$97.86million
$9.89million
Explanation:
From the sample , the lowest number is 16.3 and the highest number is 41, the range is
41-16.3
=$24.7 million
Σ 
In the sample given the mean is . : (41 +40 +38+ 32+ 23+ 22+ 20+ 18+ 17.8 +16.3 )/10
mean=26.81
Using that, we can find the variance:
[(41-26.81)^2+(40-26.81)^2+(38-26.81)^2+(32-26.81)^2+(23-26.81)^2+(22-26.81)^2+(20-26.81)^2+(18-26.81)^2+(17.8-26.81)^2+(16.3-26.81)^2]/10=97.86million
The standard deviation is just the square root of the variance:
standard deviation=√(var)
, the standard deviation is the square root of 97.86, which equals $ 9.89 million
Answer:
<u>Different assessment and goals.</u>
Explanation:
In this issue there is resistance to change related to evaluation and different objectives, as the production manager has made a decision to change production processes in order to increase efficiency, and one of his employees does not believe the idea. This is because there are different perspectives among employees in an organization, resistance to change affects each individual differently and leads them not to support significant changes that will change the process that already exists in the organization. It is usually related to individual beliefs and insecurity to novelties. To break barriers to resistance to change, it is essential that the manager adopt clear and direct communication and present the benefits linked to change.
Agile manifesto employed the idea that responding to change is more important than following a plan. Agile manifesto consider planning an expensive commodity which must be avoided. It makes allowances for change by not planing because it believe that change improves a project and add additional value.
The total compensation cost pertaining to the restricted shares equals to the amount of $48 million.
<h3>What are
compensation cost?</h3>
Also known as compensation expenses, include the recruiting costs, salaries, payroll taxes, benefits and bonuses. They form the significant part of a company's operating costs, which means that it affects corporate profitability.
According to the scenario, we will calculate the total compensation cost pertaining to the restricted shares by using following formula. Total Compensation Cost Pertaining to the Restricted Shares:
= Common Share × Market Price Per Share
= 8 million × $6
= $48 million
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