How can management help employees become aware of the need for change?
What will be an ideal response?
Stimulating employee readiness is an approach that builds on the premise that change is more likely to be accepted if the people affected by it recognize a need for it before it occurs. This awareness may happen naturally, as when a crisis, threat, or sudden new competition emerges, or it can be induced by management through sharing operating information with employees, as is done in open-book management programs. One of the more powerful ways, however, occurs when workers discover for themselves that a situation requires improvement.
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__________________ means that net income includes all of the recognized elements of income of the firm for common equity shareholders and dividends include all direct capital transactions between the firm and the common equity shareholders
Fill in the blank(s) with correct word
When determining the number of channel members to use at each level, three strategies are available: intensive, exclusive, and ________ distribution
A) multiple B) selective C) international D) direct E) extensive
The Mills Lunch Shop prepares fresh take-out entrees each day. On Tuesday, 40 baked chicken dinners were prepared at a cost of $3.20 each. A 20% spoilage rate is anticipated. Mills Lunch Shop sells the dinners at an 80% markup based on cost. They decided to offer a $1.00-off coupon in a newspaper advertisement. What markdown percentage does this coupon represent? (Round to the nearest tenth of a percent)
What will be an ideal response?
Explain why control systems are necessary for strategy implementation.
What will be an ideal response?