An example of an organizational change would be:O a. all of these.O b. the introduction of a new pay-for-performance system.O c. the decision to offer a new product line.O d. the switch to a new production method.O e. the decision tosignmentMai...sell completely online and to close retail stores.▬▬O

Organizational change will have a major impact on business operations as this means altering the…

Answered: An example of an organizational change…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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39 d out of question 10 A business plan is important for all the following except. Select one: O a. It compels a company's founders to carefully consider every aspect of their operation. O b. It is a selling document that allows a company to introduce itself to potential suppliers and business partners. O C. O d. It gives an investor something to think about. It gives lenders and investors confidence and assurance that they will earn a reasonable return.
Which of the following descriptions about the organizational goal is not true? A: Using a single goal such as profit can lead to unethical behaviors by employees. B: Most organizations share the goal of making profits. C: Managers should communicate organizational goals clearly to the employees. D: A single goal is more effective than multiple goals for defining an organization's success.
Which of the following would be the best example of an organizational objective? O We will make products that people will enjoy We will increase our yearly sales by 5% each year. O We will be the most popular brand in our industry We will achieve a 5% growth rate
The entire McKinsey 7-S framework is oriented around the concept of Option- a. key capabilities b. ethical behaviors. C. fit. d. resources.
John deposited 5000 OMR in bank Muscat for 5 years period. This deposit is known as time deposit and it is is also called as ? a. Fixed deposits b. None of these c. Savings deposits o d. Current deposits
Which of the following will not occur in an organization that gives managers throughout the organizations maximum freedom to make decisions? a. Individual managers regard the managers of other segments as if they are transacting with external parties.b. Two divisions of the organization having competing models that aim for the same market segments.c. Delays in securing approval for the introduction of new products.d. Greater knowledge of the marketplace and improved service to customers.S1: Batch-level activities are performed each time a batch is handled or process, considering the number of units are in a batch. S2: The costs of activities that are classified as unit-level should be proportional to the number of units produced.Both statements are correctBoth statements are incorrectOnly S1 is correctOnly S1 is incorrect There is a significant decrease in unit sales. Which of the following would be the LEAST likely action among the different departments? a. Consult…
50. Determining the market share for a company’s product would be a measure of performance under which perspective of the balance scorecard? A. Learning and Growth B. Internal Business C. Financial Persepective D. Customer
Inside an organization, enterprise resource planning (ERP) is related to: a. Manufacturing only. b. Operations and Supply Chain only. c. Marketing, Finance and Accouting only. d. Human Resources only. e. To all of the above.
he strategic management process is a. a set of activities that will assure a temporary advantage and average returns for the firm. b. a decision-making activity concerned with a firm’s internal resources, capabilities, and competencies, independent of the conditions in its external environment. c. a process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organization’s resources. d. the full set of commitments, decisions, and actions required for the firm to achieve above-average returns and strategic competitiveness.
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1. For each numbered (1-10) performance measure characteristic, select the appropriate lettered (A-J) descriptor that best explains the characteristic. 1. Financial _____ A. Readily quantified 2. Internal _____ B. Monetary units 3. Mandatory _____ C. Processes and capabilities 4. Lead _____ D. Performance drivers 5. Objective _____ E. Required by regulator 6. Nonfinancial _____ F. Discretion of management 7. Subjective _____ G. Nonmonetary units 8. External _____ H. Customers and shareholders 9. Lag _____ I. Judgment based 10. Optional _____ J. Outcome results
Discontinuing a product or segment is a huge decision that must be carefully analyzed. Which of the following would be a valid reason to continue an operation? a. Variable costs are more than revenues. b. Variable costs are less than revenues. c. Allocated fixed costs are more than revenues. d. Losses are minimal.

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An example of an organizational change would be: O a. all of these. O b. the introduction of a new pay-for-performance system. O c. the decision to offer a new product line. O d. the switch to a new production method. O e. the decision to sell completely online and to close retail st mentMai..