Organizational change is the process by which organizations move from their current or present state to some desired future state to increase their effectiveness.
When a firm or business changes a key aspect of its structure, such as its culture, the operational technology or infrastructure it utilizes, or its internal procedures, this is referred to as organizational transformation.Examples of organizational change include transitioning from traditional retail to online shopping, completely redesigning the website, establishing a new department, or moving from a silo structure to a matrix. Between these two extremes are a lot of workplace change examples. They are slow and progressive.To know more about Organizational change:
https://brainly.com/question/28298012
#SPJ4
It is said that kone is embedding intelligence across its supply chain and enables smarter buildings. explain.
KONE started the next stage of its strategy, Sustainable success with consumers, in January 2021. With innovative intelligent solutions, we will increase the value we provide for clients during the four-year strategy term and further integrate sustainability into all of our activities.
Core goods and services: through connectivity and adaptability, they meet the unique demands of each client for a seamless experience. All goods and services shall be made as cost-effective and environmentally friendly as possible.
In order to provide customers with value in new ways, new customer value solutions are being developed and integrated with existing core products and services.
Smart and sustainable cities: become the go-to partner for the construction of smart and sustainable cities.
In this extremely fragmented and fast-growing economy, the service industry in China is becoming the undisputed market leader.
Core values and concepts form the foundation of our culture. We never err on the side of our core values. They consist of sustainability, quality, and safety. The core of our culture is comprised of our values, which stand for the attitudes and actions that KONE wants to encourage.
To learn more about Kone from the given link.
https://brainly.com/question/27007848
#SPJ4
True or false: business professionals who are culturally intelligent believe other cultures can possess different yet valid approaches to business-management practices. true false question.
a. true
b. false
TRUE: Business professionals who are culturally intelligent believe other cultures can possess different yet valid approaches to business- management practices.
Culturally Intelligent refers to the potential that business is able to manage the different cultures diverse situations and work efficiently with them.
Different business has its own culture and gives great exposure to he other organization. It helps in learning new culture, skills and moreover it will create the personality of the people.
It will also boost the confidence level among the people.
It is very important and beneficial for business management practices as it led to global collaborations, wide market area, proper utilization of resources, interchange of knowledge.
To know more about culture intelligence:
https://brainly.com/question/14726265
#SPJ4
The performance levels of radically new 'high-tech' products usually improve with newer versions. such types of products are known as?
The performance levels of radically new 'high-tech' products usually improve with newer versions. such types of products are known as Disruptive innovations.
What are current disruptive innovations?
3D printing tops the list of the most revolutionary technologies to emerge in 2022. improved connectivity thanks to 5G. both machine learning and artificial intelligence.
What is a disruptive invention, exactly?
Contrary to "disruptive technology," which refers to the technology itself, "disruptive innovation" refers to the use of technology that upends a system. A prime example of a disruptive invention is Amazon, which debuted as an online bookshop in the middle of the 1990s.Is Netflix a disruptive innovation?
An established market was disrupted by Netflix using a new business strategy and technology, a prime example of disruptive innovation. It began by providing a DVD rental by mail service and later introduced its online, paid movie streaming service.Learn more about "disruptive innovation"
brainly.com/question/15100569
#SPJ4
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.
The net income will be too high.
What is net income?
Net income is defined as an entity's earnings less expenses, amortization, depreciation and dividends, and taxes for a specific accounting period in both professional accounting.
Therefore,
If a company incorrectly records cash received for services to be provided in the future with a debit to cash and a credit to sales revenue, how will this error affect net income for the current period?.
The net income will be too high.
To learn more about net income from the given link:
https://brainly.com/question/15530787
#SPJ4
The very first step in developing a social marketing plan involves ______________. group of answer choices
The very first step in developing a social marketing plan involves understanding the target audience.
How to Create a Social Media Marketing StrategyHaving a strategy is essential for successful social media marketing.
You risk posting on social media just for the sake of posting if you don't have a plan. It will be difficult to succeed on social media if you don't know what your objectives are, who your target audience is, and what they want.
Creating a social media marketing strategy is crucial if you want to advance as a social media marketer or expand the reach of your company on social media.
To know more about 'social media', visit: https://brainly.com/question/13909780
#SPJ4
In the role of ______, managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves.
In the role of entrepreneur, managers seek to improve their businesses, adapt to changing market conditions, and react to opportunities as they present themselves.
Managers who play the part of entrepreneurs work to make their companies better, adjust to shifting market conditions, and take advantage of opportunities as they arise.
Implementing strategies for bringing about change, managing change, and assisting people in adapting to change is the goal of change management.
A manager is responsible for tasks like staffing, directing, controlling, and planning. All of these tasks are crucial for successfully managing an organization and accomplishing corporate goals. Setting goals and developing techniques for synchronizing activities both involve planning.
Managerial positions that require managers to make thoughtful, timely judgments for the benefit of the organization are known as decisional roles.
To learn more on managerial decision
https://brainly.com/question/28410041?
#SPJ4
The typical purchase involved in an organizational buying exchange is ________ that in consumer buying.
The typical purchase involved in an organizational buying exchange is larger in size than that in consumer buying for the business.
What does organizational buying exchange mean?The expression 'organizational buying exchange' makes reference to the purchase process associated with the obtention of any type of good/service in an organized manner, which depends on geographical concentration and the presence of different types of channels for distribution.
In conclusion, the typical purchase involved in an organizational buying exchange is larger in size than that in consumer buying for the business.
Learn more about the organizational buying exchange here:
https://brainly.com/question/14093878
#SPJ1
In may, xyz company sold $400,000 worth of goods to customers on credit. in june, $80,000 was collected and in september, $320,000 was collected. how would the accounting equation be affected in june?
It purchased $80,000 of merchandise on account and collected $50,000 on account from its customers. As a result, the company's total assets would be $680,000.
The Operation of the Expanded Accounting EquationAnalysts may seek a deeper comprehension of the shareholders' equity structure of a company. Stockholders' equity is expanded into the following components in addition to the assets and liabilities that are included in the basic accounting equation:
Capital contributed: This is the money that the founding stockholders gave (also known as paid-in capital).
Beginning retained earnings: Retained earnings are the profits from the prior period that were not distributed to the stockholders.
Revenue is what the business generates as it continues to operate.
Expenses: These are the costs associated with keeping the firm operating.
Dividends: Since these are earnings that are given to the company's stockholders as dividends, they are deducted from the total.
Capital contributions and dividend payments indicate the results of interactions with stockholders.
To know more about ' accounting equation' , visit: https://brainly.com/question/24401217
#SPJ4
Telling the truth consistently is considered an important trust builder for leaders. true false
Consistently speaking the truth is regarded as a crucial element in developing trust among leaders. true
Truth has the quality of conforming to fact or reality. Truth is often given in ordinary language to things like beliefs, assertions, and declarative sentences that attempt to describe reality or else conform to it.
Typically, truth is thought to be the polar opposite of untruth. In a variety of domains, including philosophy, art, theology, and science, the idea of truth is examined and contested. The majority of human activities, including most of the sciences, law, media, and daily life, rely on the concept, with its nature as a concept being assumed rather than being a topic of dispute.
To know more about Truth
https://brainly.com/question/669151
#SPJ4
Sara owns a ring. she asks tomas, a jeweler, to add a diamond to it. adding the diamond will increase the value of the ring. this is?
Sara owns a ring. she asks tomas, a jeweler, to add a diamond to it. adding the diamond will increase the value of the ring. this is accession.
A significant aspect of two legal practice areas is accession. In the law of trusts and estates, accession refers to the assets created by a designed asset following the execution of a will. For instance, routine auto repairs become into accessions and meld with the main object.The particular processes that acceding governments must follow in order to join the WTO are referred to as the accession process. These procedures have grown over time, drawing on GATT standards, and were created by the Secretariat in cooperation with WTO Members. The process is driven by the members.The Protocol of Accession of the new member is a Protocol of Accession attached to the Report that declares the country's accession to the WTO Agreement, explains the Schedules, and specifies the timetable for accepting the Protocol and becoming a full member of the WTO.To know more about accession visit:
https://brainly.com/question/14286257
#SPJ4
how each of the five basic functions in the supply chain operations (scor) model improves the customer experience.
The SCOR model categorises and splits the supply chain into ideal business operations. This uniform framework makes it possible to analyse all informational, monetary, and product flows across all companies in the value chain. Companies can make long, medium, and short-term plans, improve the effectiveness and efficiency of their supply chain management and compare and coordinate the activities between suppliers, manufacturers, and customers based on data analysis.
The functions are as follows: -
Plan: To enhance efficiency, the best practices of the five core processes (plan, source, manufacture, deliver, and return) are analysed while taking inventory, transportation, regulatory requirements, and resources into account. Business objectives are also matched with supply and demand.
Procure: Purchase, reception, testing, and provision of raw materials are all factors that go into the procurement of products and services, as well as the demand for and availability of such items.
Manufacture: Creating products that are market-ready through production planning, manufacturing, quality assurance, packaging, and demand forecasting.
Delivery: All actions taken in connection with placing an order, moving items, managing storage facilities and distribution and delivering finished goods and services.
Return: Customer service and suppliers handle any form of return and disposal of goods.
Learn more about the supply chain:
https://brainly.com/question/28145705
#SPJ4
Sana gill deposited $3,500 into a new business checking account to begin her new bookkeeping firm, gill bookkeeping. this business transaction would:__________
Sana Gill deposited $3500 into a new business checking account to begin her new bookkeeping firm, Gill Bookkeeping. This business transaction would increase the company's cash, and increase Sana Gill's Capital.
A business transaction is what?A financial exchange of commodities, money, or services between two or more people is referred to as a business transaction. A commercial exchange must have a measurable monetary value in order to be considered a transaction for accounting purposes. Business dealings will have an impact on the company's finances.
A long-term service contract might be as complicated as a business transaction, or it can be as simple as a cash purchase. The following requirements must be met for a transaction to qualify as a commercial transaction:
The deal can be valued financially.The company and the third party engage in the transaction.The deal is made on behalf of the company and not for a person's personal benefit.To know more about "Business transaction" , visit : https://brainly.com/question/19512243
#SPJ4
What position can an investor take to hedge a short stock position? a long put b short put c long call d short call
An investor can hedge a short stock position by establishing a long put option position.
By establishing a long put option position, an investor can hedge their a short stock position by having the ability to sell their stock at a predetermined price. Without having to borrow the stock, short call option positions offer a similar method to short selling. Although short selling might be risky, the risk of a short position can be considerably reduced by using options. The prospect for limitless losses has traditionally been one of the most powerful arguments against short selling. Options provide a means for short sellers to protect their positions and lessen the impact of an unanticipated price increase. The greatest danger of a short position is a rise in the stock's price.
To learn more about Hedging here
https://brainly.com/question/28179451
#SPJ4
Ordinarily, which is the most significant audit objective and primary risk area for auditors in the examination of accounts payable?
Ordinarily, the most significant audit objective and primary risk area for auditors in the examination of accounts payable is:
Audit Objective: Completeness is the main goal of the accounts payable audit. Completeness suggests that the payable won't receive any significant future additions. Accounts payable are a significant source of operating cash flows in the drug wholesale industry because inventory turnover is very high.
Primary Risk Area:
1) Intentionally understated are expenses and accounts payable.
2) There are payments made to unsuitable vendors.
3 )Payments are made twice to vendors.
To learn more about Audit Objectives, visit the following link:
https://brainly.com/question/28453632
#SPJ4
Economists reason that the optimal decision is to continue any activity up to the point where the.
Economists reason that the optimal decision is to continue any activity up to the point where the marginal benefit equals the marginal cost.
What Does Marginal Gain Mean?A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit. It also refers to the additional pleasure or utility that a customer experiences after purchasing the extra commodity or service. As a consumer consumes more of a good or service, their marginal benefit tends to drop.
The term "marginal revenue" is frequently used in the business world to describe the manufacturers' marginal gain. A marginal benefit, also known as marginal utility, pertains to any additional unit acquired for consumption following the initial unit. The degree of satisfaction a customer has given to the unit being consumed is referred to as utility.
Learn more about the marginal cost with the help of the given link:
brainly.com/question/15708794
#SPJ4
Actual overhead costs may not be proportional to the actual amount of the allocation base used because ______.
Actual overhead costs may not be proportional to the actual amount of the allocation base used because of 2 Reasons aforementioned.
Many of the real overhead expenses are set.Spending on overhead may not be under control.In the world of business, a continuing cost of running a company is referred to as overhead or overhead charge. Unlike operating expenditures like as raw material and labour, overheads cannot easily be attributed to or associated with any one revenue unit.
Few of instances of overhead expenses.Rent Insurance.Office equipment.Travel.Advertisement costs.Legal and accounting costs.Wages and salaries.Utility chargesTo Learn more about Overhead Cost, Click the links.
https://brainly.com/question/14811739
https://brainly.com/question/13384595
#SPJ4
A d-snp member loses his eligbility due to a change or loss of medicaid status. what cost sharing is he responsible for while in teh grace period?
A DSNP member loses his eligibility due to a change or loss of Medicaid status. He is responsible for All, such as premiums, deductibles, copayments, and coinsurance.
What is DSNP?Coordinating their healthcare with both Medicare and Medicaid services can be challenging for the millions of Americans who are dual-eligible for healthcare benefits. As a result, Medicare Advantage offers Special Needs Plans, which give you a practical option to coordinate your medical needs under a single plan. Dual-eligible Special Needs Plans, or SNPs, are a category of Special Needs Plans that permit enrollment by those with dual eligibility.
For beneficiaries who have both Medicare and Medicaid coverage, there are specialty Medicare Advantage plans known as DSNPs. Health Maintenance Organization (HMO) or PPO plans are the two categories that most DSNPs fall under (Preferred Provider Organization plans).
In some jurisdictions, but not all, DSNPs are accessible through specific private insurance providers. Federal law mandates that these plans offer all of Original Medicare Part A's (hospital insurance) and Part B's (medical insurance) benefits. Individual states, however, have jurisdiction over what extra benefits providers may offer as part of the DSNP.
To know more about DSNP visit:- https://brainly.com/question/22806074
#SPJ4
The maximum amount a policy will pay in the event of a loss, regardless of the number of insureds, claims made, lawsuits filed, or parties making claims is the:_________
The policy limit is defined as the maximum amount that an insurer will pay under a policy for a covered loss.
These policy limits will be set according to the period (e.g., annual or policy term), according to the loss or injury, or over the life of the policy. If the policy limit is payable over the life of the policy it is called the lifetime maximum. This differs according to the insurance but mostly higher limits carry higher premiums.
For a general life insurance policy, the face value will be the maximum amount that the insurer will pay. This amount refers to the monetary amount in relation to a specific insurance claim. For example, the policy for car insurance may have a policy limit of $1 million. These amounts are agreed upon by the way of drawing up contracts between the parties.
Learn more about policy limits here:
https://brainly.com/question/15703381
#SPJ4
The process whereby a product formerly associated with a specific ethnic group is detached from its roots an?
The process of de-ethnization is underway.
the required details about de-ethnization is mentioned below
What does de-Ethnicization mean exactly?
Abstract. The "undoing" of societal barriers put in place to protect the authenticity of (alleged) ethnic-cultural heritages is known as de-ethnicization.
The creation of such borders is ethnicization. In any case, developments can be aided by the media.
De-ethnicization is the process of losing one's ethnic identity, devaluing one's culture, and doing away with the accompanying rites, customs, and practices.
Globalization is considered to be one of the main causes that contributed to the birth of this phenomenon since more people are seeking to embrace modernity, enrolling in formal education, embracing mobility, and living in cities.
to know more about De-ethnization
https://brainly.com/question/27129680
#SPJ4
The actual number of dollars received in exchange for the different resources available in the economy is:_______
'The actual number of dollars received in exchange for the different resources available in the economy is nominal income.
What is economy?An economy is an area of the production, distribution and trade, as well as consumption of commodities and services. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and outward manifestations connected to the production, utilization, and management of limited resources. ' The wealth that a nation generates from business and industry is that nation's economy. Over 10% yearly growth was seen in the Japanese economy. 3. a noncount noun. Use as little time, money, or other resources as necessary to complete a task in order to avoid wasting any of them..
TO learn more about economy visit:
https://brainly.com/question/2421251
#SPJ4
____ sites are web sites that individuals and businesses use to conduct social interactions online.
Online social interactions between people and businesses take place on social networking websites.
A social networking site is an online community where users can connect with one another and build public profiles. Social networking sites typically let new users create a list of contacts they have a connection with, and those contacts can subsequently confirm or deny the link. Once connections have been made, a new user can look through existing connections to find new ones.
A social networking site is also referred to as a social website or a social networking website.
To learn more about Social networking sites here
https://brainly.com/question/2083119
#SPJ4
By definition, ________ pricing is used when a firm sells a product or service at two or more prices, even though the difference in price is not based on differences in cost.
By definition, Segmented pricing is used when a firm sells a product or service at two or more prices, even though the difference in price is not based on differences in cost.
What is Segmented Pricing?Regardless of whether a product's production and distribution costs are the same, segmented pricing is said to be used when a corporation fixes or sets more than one price for it.
There are several methods for price segmentation:
Seasonal Pricing: Holidays and high travel times raise the price of hotel rooms.
Product/Service Characteristics: In trains, a reservation in a sleeper non-air-conditioned compartment is less expensive than one in a first-class air-conditioned one.
Geographical Locations: Prices of goods are higher and vice versa in places or regions where consumers are less price sensitive.
The cost parameters must be considered while segmenting the market. A regular evaluation of the product's perceived worth is also necessary, and it is important to make sure that this activity never harms the brand's reputation.
Thus, It is the Price segmentation that is mentioned here.
For more information on Price Segmentation, refer to the given link:
https://brainly.com/question/14038800
#SPJ4
Identify at least three ways in which kendra scott sought to differentiate itself from rival jewelry firms.
Three factors that Kendra Scott used to set itself apart from competing jewelry companies were offering a broad variety of services, being an online-only retailer, and appealing to the individual tastes of its clients.
What is retail jewelry?A jewelry store, or jewelry store in American English, is a type of retail business that focuses on buying and selling jewels and timepieces. Jewelry stores offer a wide range of services, including designing, manufacture, remodeling, and repairs. The most prevalent kind of jewelers are bench jewelers, sometimes referred to as metalsmiths, silversmiths, goldsmiths, and platinumsmiths. They are skilled in a variety of areas. Typically, they do a variety of activities, from straightforward jewelry cleaning and repair to creating molds and pieces from scratch. A jeweler is a business that manufactures, sells, and fixes jewelry and watches.
To learn more about jewelry retail, click here:
https://brainly.com/question/14050377
#SPJ4
Based on the limited amount of information provided, what would you guess is the social style of the buyer? how about the social style of the seller? explain your reasoning
Customer social style refers to the method customers use when interacting.
In terms of personality, communication style, behavior, mental processes, and decision-making methods, customers differ.
Who is a Customer ?A person who purchases goods or services from a shop, eatery, or other retailer is referred to as a customer.
A customer is any person or organization that makes a purchase from another firm. Customers are essential to businesses because they provide revenue; without them, they could not run.
No matter what industry you are in or what kinds of goods and services you provide, your clients are the most important component of your organization. Without the customer, there are no sales. As a result, they are essential in developing your marketing strategy and messaging.
To learn more about Customer from the given link:
brainly.com/question/13472502
#SPJ4
A(n) ________ is a specialized group of consumers with a structured set of relationships involving a particular brand, fellow customers of that brand, and the product in use.
The answer is :- brand community.
A brand community is a particular kind of consumer group that has established ties with other brand users, other brand customers, and the product being used.
What exactly is a brand community?A brand community, to put it simply, is the epitome of brand loyalty. People that are emotionally invested in your brand will buy from you, read your material, spread the word about you to their friends and family, and other things. But brand awareness is not the same as a brand community. The mere fact that someone is aware of your brand or has made a purchase from it does not imply that they are a member of your engaged or even engageable brand community. Instead, your brand community consists of people who like following your brand on social media, sharing your content and products with others, and subscribing to all of your company's updates.
To know more about brand community visit:
https://brainly.com/question/28149433
#SPJ4
A key reason that makes npv a superior capital budgeting technique is that it uses _____ instead of ______.
a. profits; cash flows
b. cash flows; profits
c. revenues; costs
'A key reason that makes up a superior capital budgeting technique is that it uses cash flows instead of profits.
Budgeting is an estimate of income and expenses over a specified future period, used by governments, businesses, and individuals. A budget is basically a financial plan for a defined period (usually one year) and is known to significantly improve the success of financial enterprises.
A business budgeting is a business spending plan based on income and expenses. It helps identify available capital, estimate expenses, and forecast income. A budget helps you plan your business activities and serves as a benchmark for setting financial goals.
Learn more about Budgeting https://brainly.com/question/6663636
#SPJ4
Consider a population with 100 cats. if 72 cats are black and 28 are white, what is the phenotypic frequency of black cats?
The phenotypic frequency of black cats 0.72
How do we calculate Phenotypic Frequency?To compare different phenotype frequencies, the relative phenotype frequency for each phenotype can be calculated by counting the number of times a particular phenotype appears in a population and dividing it by the total number of individuals in the population.The phenotypic black cats are 72
The total population is 100
Phenotypic frequency = counting the number of times a particular phenotype appears in a population / total number of individuals in the population.
Now,
Phenotypic frequency = 72/100
Phenotypic frequency = 0.72
To learn more about Phenotypic frequency, refer
to https://brainly.com/question/24448358
#SPJ4
Consider the utility function u(x, y) = 3x y, with mux = 3 and muy = 1. is the assumption that more is better satisfied for both goods?
Yes, the assumption that more is better satisfied for both goods for the given utility function.
What is utility function?Utility in economics involves satisfying or pleasure which consumers receive from consuming a product or service. The utility function assesses consumers' desires for a specific set of goods and services.
Utility is measured in utils (the Spanish word for useful), but trying to calculate the benefit or satisfaction received by consumers is abstract and complicated to pinpoint. As a consequence, economists measure utility by observing consumer choices in light of revealed preferences. Economists then create a ranking of usage baskets from least wanted to most preferred.Ordinal utility ranks options based on choice, whereas cardinal utility tests the utility gained from a decision.Now, as per the question;
[tex]M U_x=\frac{\delta u}{\delta x}=[/tex] 3 > 0
Thus, MUx > 0.
Similarly,
[tex]M U_y=\frac{\delta u}{\delta y}=[/tex] 1 > 0.
Thus, MUy > 0.
Therefore, MUx and MUy both are greater than zero, implying that more is more satisfying for both goods.
To know more about the utility function, here
https://brainly.com/question/25077729
#SPJ4
The correct question is-
Consider the utility function U(x, y) = 3x + y, with MUx = 3 and MUy = 1. a) Is the assumption that more is better satisfied for both goods?
When a company borrows from a bank by signing a formal agreement, an asset titled cash is increased and a titled is increased.
When a company borrows from a bank by signings a formal agreement, an asset titled cash is increased and a liability titled notes payable is increased.
What do we mean by debt?Debt is anything that one person owes another. Debt can be in the form of real estate, money, services, or other consideration. Debt is more strictly defined in finance as money raised through the issuance of bonds. A loan is a type of debt, but it is also an agreement in which one group lends money to another. We borrow money when we go into debt. When a business borrows from a bank and signs a formal agreement, an asset called cash and a liability called notes payable is both increased. Debt is anything that one party owes another. Credit card debt, car loans, and mortgages are all examples of debt.Therefore, when a company borrows from a bank by signings a formal agreement, an asset titled cash is increased and a liability titled notes payable is increased.
Know more about liability here:
https://brainly.com/question/24130118
#SPJ4
The complete question is given below
When a company borrows from a bank by signings a formal agreement, an asset titled cash is increased and a _____ titled ______ _______ is increased.
A _____ is a derivative security that gives the owner the right, but not the obligation, to buy an asset at a fixed price for a specified period of time. group of answer choices
A call option is a type of derivative investment that grants its owner the right, but not the duty, to purchase an asset for a predetermined amount of time at a fixed price.
A Call Option: What Is It?
Call options are financial agreements that grant the option buyer the right, but not the duty, to purchase a stock, bond, commodity, or other asset or instrument at a defined price within a specified time frame. The term "underlying asset" refers to the stock, bond, or commodity. A call buyer makes money when the value of the underlying asset rises.
A put option, which grants the holder the right to sell the underlying asset at a predetermined price on or before expiration, can be compared to a call option.
to know more about call option
https://brainly.com/question/15571230
#SPJ4