What is the last step in Kotter’s 8-Step Model of Planned Change?

a. build on the change
b. refreeze
c. refresh
d. anchor the changes in the organizational culture


d. anchor the changes in the organizational culture

Business

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What is the advantage of the free-form layout to the consumer?

A. Customers feel they are in an intimate and relaxed environment and are more likely to buy. B. Customers are exposed to a large quantity of merchandise. C. Customers can easily find merchandise in the store with this type of layout. D. Customers can purchase merchandise at a lower price in this type of layout. E. The layout guides the customer through the store.

Business

An example of intrafunctional scope is that outsourcing a key component is reasonable if the savings in staying current in technology results in improved performance in other areas of R&D that permit improved overall performance

Indicate whether the statement is true or false.

Business

Which of the following is a capital budgeting method that ignores the time value of money?

A) payback B) internal rate of return C) return on assets D) net present value

Business

Fox, Inc manufactures and sells pens for $5 each

Walton Corp has offered Fox, Inc $4 per pen for a one-time order of 3,600 pens. The total manufacturing cost per pen, using absorption costing, is $1 per unit and consists of variable costs of $0.80 per pen and fixed overhead costs of $0.20 per pen. Assume that Fox, Inc has excess capacity and that the special pricing order would not adversely affect regular sales. What is the change in operating income that would result from accepting the special pricing order? A) increase of $3,600 B) decrease of $3,600 C) increase of $11,520 D) decrease of $11,520

Business