After Mary's Gifts and Cards surveyed its customers, it discovered that its customers preferred the company's competition more than 70 percent of the time. The most frequently cited reason was customer service. During which stage of Lewin's change model should Mary provide her employees with this information about the problems with customer service?
A. stabilizing
B. continuous improvement
C. unfreezing
D. changing
E. refreezing
D. changing
In the changing stage, employees need to be given the tools for change: new information, new perspectives, new models of behavior. Managers can help here by providing benchmarking results, role models, mentors, experts, and training.
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In spite of forming an economic bloc, the 10 ASEAN nations have many problems that need to be solved. List any two problems?
What will be an ideal response?
The Sahara Company purchased equipment on January 1, 2015, for $100,000. The equipment had an estimated residual value of $10,000, an estimated useful life of five years, and estimated lifetime output of 18,000 units. In 2016, the company produced 4,400 units and recorded depreciation expense of $22,000. What depreciation method did the company use?
A) straight-line method B) sum-of-the-years'-digits method C) double-declining-balance method D) units-of-output method
All of the following are benefits of leasing except:
a. They have the ability to shift the tax benefits from depreciation and other deductions from a lessee that has little or no taxable income to a lessor that has substantial taxable income. b. They provide flexibility to change capacity as needed without having to purchase or sell assets. c. They have the ability to reduce the risk of technological obsolescence, relative to outright ownership, by maintaining the flexibility to shift to technologically more advanced assets. d. In an operating lease, the lessee recognizes the signing of the lease as the simultaneous acquisition of a long-term asset and the incurring of a long-term liability for lease payments.
The following facts pertain to Montecello Corporation for 2010: Retained Earnings balance, January 1, 2010 $400,000 Cash dividends declared and paid in 2010 46,000 Retained Earnings balance (after closing), December 31, 2010 520,000 Net income for 2010 ? Based on the above facts, net income for 2010 for Montecello Corporation amounted to
a. $146,000. b. $126,000. c. $166,000. d. $186,000.