The trend analysis report of Marshall, Inc is given below (in millions) 2018 2017 2016 2015 2014 Net income $680 $607 $457 $405 $399 Trend percentages 170% 152% 115% 102% 100% Which of the following is a correct conclusion from the above analysis?
A) Net income for 2016 has increased by 115% over that for 2014.
B) Net income for 2016 has decreased by 15% over that for 2014.
C) Net income for 2016 has decreased by 115% over that for 2014.
D) Net income for 2016 has increased by 15% over that for 2014.
D
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The first stage of change, the ________ stage, involves preparing the organization to accept that change is necessary, which involves break down the existing status quo before you can build up a new way of operating. According to Lewin, key to this is developing a compelling message showing why the existing way of doing things cannot continue.
A. freezing B. unfreezing C. reinforcing D. resisting E. changing
Changing a problem culture
A. means eliminating unhealthy or dysfunctional traits as fast as possible. B. takes less time than changing a healthy culture. C. is always a short-term exercise. D. is usually easier than it is to instill a strategy-supportive culture from scratch in a brand-new organization. E. requires a determined effort by a limited number of employees.
Miller Mechanics Inc., an American corporation, manufactures high-tech building automation systems. The company has decided to develop its advertising campaign programs and make all major strategy and budgeting decisions at the home office. Which of the following approaches is Miller Mechanics using for its international advertising?
A. a combination structure B. a matrix structure C. a pattern structure D. a regionalized organizational structure E. a centralized organizational structure
An auditor should trace interbank transfers for the last part of the audit period and first part of the subsequent period to detect whether
A. The cash receipts journal was held open for a few days after the year-end. B. The last checks recorded before the year end were actually mailed by the year-end. C. Cash balances were overstated because of kiting. D. Any unusual payments to or receipts from related parties occurred.