Revolutionary change requires different tools and techniques than methods used in evolutionary change. Describe them.
What will be an ideal response?
Revolutionary change requires total system events such as an initial activity that calls attention to the clear need for a dramatic modification of mission and strategy due to external context changes or a new foray by a significant competitor. Evolutionary change requires improvement measures in our product is designed or service delivered. Revolutionary tools include immediate attention of all organizational members whereas evolutionary improvement may require the attention of only a certain segment of the organizational population or a phased involvement over time of all organizational members.
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Define job structure, pay level, and pay structure.
What will be an ideal response?
Jay Minkoff at First Flavor may use the Boston Consulting Group (BCG) matrix to help him in making decisions for his firm
What does he need to understand about the purpose of the matrix and the four categories of the BCG growth-market share matrix ?
An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a
A) proprietorship B) corporation C) partnership D) governmental unit
Flounder Inc Use the information provided for Flounder Inc to answer the question(s) using the effective interest method. On January 1, 2012, Flounder Inc issued $800,000, 10-year, 9% bonds for $662,356. The bonds pay interest on June 30 and December 31. The market rate is 12%. Refer to the information provided for Flounder Inc The interest expense on the bonds at June 30, 2012, is:
A) $79,482.77. B) $36,000.00. C) $39,741.38. D) $29,806.04.