Using the Change Management Simulation: Power and Influence V3 session please answer the questions below:
Scenario 2: Influence With Authority, Low Urgency
You are the CEO and founder of Spectrum Sunglass Company.
While you generally feel good about the state of the business, you are beginning to think about your legacy. You are reading more and more professional articles emphasizing the importance of sustainable development for business and linking the themes of sustainability and innovation, such as "Why Sustainability Is Now the Key Driver of Innovation." You are frustrated that you don’t have any new sunglass products to offer to the vocal customers who increasingly express concerns about Spectrum’s environmental impact. Not only does sustainable development make sense to you personally, from both a moral and an economic standpoint, you also see this as an opportunity to differentiate Spectrum’s products and company from your competitors, which focus primarily on price and design. You have a potential new product design that has received positive focus group feedback as well as some exciting branding deals with Hollywood celebrities in the works. Even still, you are preoccupied with sustainability.
During Spectrum Sunglass Company’s annual strategy retreat, you decide to pitch the idea of forming a task force to make the company and its products more environmentally sustainable. Your vision for Spectrum consists of three specific goals:
Eliminate 25 percent of waste by redesigning the manufacturing process.
Reduce the current level of greenhouse gas emissions by 15 percent.
Create a new product line based entirely on environmentally benign materials. You argue that these goals, while aggressive, are achievable within the next two years.
Andrew Chen (general counsel): In my professional opinion, the sustainability project might open up the company to unnecessary legal risks. If we go ahead with this, I advise we narrow the scope somewhat, and that we are very careful with how we publicly announce it.
Daisha Farook (VP of operations): We should first conduct careful due diligence around a product and process change that might increase raw material costs and disrupt existing production flows.
Louise Orysh (benefits administrator): Spectrum is still recovering, and has only recently begun rehiring workers; isn’t a dramatic shift in focus to sustainability premature?
You acknowledge your colleagues’ objections, and as a solution propose that you lead a five-person, interdisciplinary task force to look into the issues. As the task force chair, you will commit to devoting 50 percent of your time to this sustainability initiative while juggling your responsibilities as CEO. The remaining four task force members will devote 75 percent of their time to the project.
You add that, based on your current understanding, the task force will need to pursue the following activities:
Conduct energy audits and set aggressive milestones for improvement on the three goals.
Redesign processes and products to be more environmentally sustainable (and scale up successful experiments quickly).
Analyze environmental life cycles throughout the entire value chain inside the firm and with its suppliers.
Replace fossil-fuel energy sources with renewable energy sources.
Replace petroleum-based materials with biodegradable materials.
Mary Gopinath (VP of human resources): We need to give this initiative serious thought. I for one fully endorse your task force to find a compromise solution.
Eventually, everyone agrees to support your proposal. With your reputation on the line, you realize that success will be measured according to your team’s ability to achieve these three goals within the next two years. As the retreat ends and everyone heads to dinner, you start pondering the potentially numerous issues and obstacles you may need to overcome in implementing your sustainability vision.
Your central challenge is to convince your colleagues that a dramatic change in the organization’s strategy and products is necessary and that environmental sustainability is one of the keys to the company’s future. Fortunately, you have the requisite formal authority and widespread respect throughout the organization to tackle this challenge.
Question- What are the challenges facing the company in the simulation, how are they doing financially? What is the sustainability initiative? Who is the change agent in your simulation situation? What do you think about the change agent's objectives? Are they laudable? Too ambitious?

When making a routine request, the body of your message should explain and justify your request.

What exactly should the writer say in the message's body when making a standard request?

Routine requests include three sections, much like other business messages: an introduction, a body, and a conclusion. Open with your primary idea, which is a specific expression of your request, using the direct manner. In the body, provide specifics and justification for your request. Finally, make a specific request for action.

What is a routine request?

A routine request is one that does not ask for confidential, impounded, or sealed material and instead seeks information that is included in case files, dockets, indexes, lists, or schedules.

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When making a routine request, the body of your message should explain and justify your request.

When making a standard request, just what should the writer mention in the message's body?

Similar to other business messages, routine requests have an introduction, a body, and a conclusion. Use the direct approach to begin with your main concept, which is a concrete expression of your desire. Give details and reasons for your request in the body. Finally, state a clear call to action.

What is a routine request?

A routine request is one that looks for information that is present in case files, dockets, indexes, lists, or schedules rather than confidential, impounded, or sealed material.

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The true statement is "C) Authority is a type of power". Authority refers to the legitimate or formal right to exercise power and make decisions within an organization.

It is typically derived from a person's position or role in the organizational hierarchy. Authority is based on the acceptance of the subordinate members and is sanctioned by the organization's rules and policies.

Power, on the other hand, is the ability to influence or control the behavior of others and achieve desired outcomes. Power can be derived from various sources, including formal authority, expertise, control over resources, personal charisma, or the ability to reward or punish.

While authority is a specific type of power that is associated with formal positions or roles, power can exist independent of formal authority. Individuals can possess power even without formal authority by relying on personal influence, expertise, or relationships. Therefore, authority is a subset or type of power within the broader concept of power dynamics in organizations.

Therefore, option C) Authority is a type of power is the correct statement.

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The factor not to consider when choosing healthcare plan is The healthcare plan you had last year.

This is a policy or other benefit arrangement for people to receive healthcare. It is the arrangement of health care services for people to be treated for ailments.

Health insurance protects one from unexpected and against high medical costs.

Hence, the factor not to consider when choosing healthcare plan is The healthcare plan you had last year.

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According to the supply curve, as prices rise, manufacturers supply more goods and services, demonstrating a positive link between price and supply with an upward slope.

According to the economic principle known as the rule of supply, when the cost of goods or services rises, so does the quantity supplied. A supply curve is a graph that shows the correlation between pricing and supply in real time. As prices increase, so does the amount that is offered.

The supply curve exhibits a strong inverse relationship between  the price of the product and the quantity supplied.

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Answer:

b) 4,000 + 5 x 1,000

Explanation:

The cost of 1000 items will be the total of

1). the set up cost

2). The per item cost multiplied by 1000 units

Therefore, the cost function will

=set up cost($4000 )  + cost of 1000 items( $5 x 1000)

=$4000 + $5 x 1000

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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An arc petition at the University of South Florida (USF) is a form that students can fill out to request academic reinstatement after being academically dismissed.

The Academic Regulations Committee (ARC) reviews the petition and makes a decision on whether to grant the student's request for reinstatement. The ARC petition is typically used when a student has been academically dismissed due to poor academic performance, and is seeking to return to the university to continue their studies. The petition requires the student to provide information about their academic history, as well as an explanation of the circumstances that led to their dismissal and a plan for improving their academic performance if they are reinstated.

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Answer:

add yxlhjtxhlxitfitgysouiyfisiyghxjlx iehjjjgjHZ

Explanation:

kydyhshlxluludlidlharuskydykstkdulkSltsluskydhkSORRY FOR THIS

Answer:

both a and b

Explanation:

Answer:

$0.405

Explanation:

The average cost per  mile:

Cost per year:

Insurance   : $1200

Gas At $3 per gallon:  car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.

Consumption per year = 10,000/25 x 3= $1200

maintenance $400

Cost for fours years

Car cost:   =$5000

Insurance :  $1,200 x 4 =$4,800

Gas costs: $1200 x 4 =$4800

Maintenance :$400 x 4 = $1600

Total costs for four years= $5000+ $4800+ $4800+$1600

=$16,200

Average cost per mile

=$16,200/ 40,000

=

The average cost per :

Cost per year:

Insurance   : $1200

Gas At $3 per gallon:  car performance is 25 miles per gallon. In one year, the car is driven for 10,000 miles.

Consumption per year = 10,000/25 x 3= $1200

maintenance $400

Cost for fours years

Car cost:   =$5000

Insurance :  $1,200 x 4 =$4,800

Gas costs: $1200 x 4 =$4800

Maintenance :$400 x 4 = $1600

Total costs for four years= $5000+ $4800+ $4800+$1600

=$16,200

Average cost per mile

=$16,200/ 40,000

=$0.405

Answer:

apr 28

Explanation:

The correct answer is Option C. In order to acquire funds to expand her bakery Martha can issue bonds to willing investors.

In the question, it is stated that Martha has a bakery and she needs to acquire funds in order to expand her bakery. She can not take loans because of her credit score which is weak due to the recent foreclosure of her home. In order to acquire funds, she can sell bonds to the people who are willing to invest in her bakery.

Bonds are financial entities which is a type of security that the investor holds in a business. This is a type of debt that the issuer owes to the investor in their business.

Hence, Option C is the correct answer

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Complete Question:

Martha needs to acquire funds in order to expand her bakery. She does not want to give up control of her business, but her credit score is weak due to the recent foreclosure of her house. What should Martha do to acquire these funds?

a) Issue stock to willing investors.

b) Borrow money from her local bank.

c) Issue bonds to willing investors.

d) She should do all of the above.

Answer:

d

Explanation:

have a good one gabdijid1bxi

This might affect purchasing as The purchasing department will likely buy less items next month Option(d) is correct.  The manufacturing system starts with the item plan, and materials detail. These materials are then changed through manufacturing to turn into the ideal item.

Manufacturing is the creation or creation of merchandise with the assistance of hardware, work, machines, apparatuses, and compound or natural handling or plan.

Manufacturing designing is the field of designing that plans and upgrades the manufacturing system, or the means through which unrefined components are changed into an end result.

Present day manufacturing incorporates all halfway cycles engaged with the creation and mix of an item's parts. A few enterprises, for example, semiconductor and steel makers, utilize the term manufacture all things being equal.

The manufacturing area is firmly associated with the designing and modern plan ventures Jolt of plants, which had started progressively during the 1890s after the presentation of the commonsense DC engine and the air conditioner engine, was quickest somewhere in the range of 1900 and 1930. This was helped by the foundation of electric utilities with focal stations and the bringing down of power costs from 1914 to 1917.

Therefore Option(d) is correct.

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If the economy's income rises, the price of a normal good like a trumpet will rise and the quantity will increases.

If the number of trumpet producers on the market increases, this means that there will be an increase in supply, which can mean greater availability of these goods and, consequently, a reduction in price.

In a situation where there are few substitutes for trumpets, demand will be relatively inelastic, as consumers are not as sensitive to price changes due to low availability.

They are economic concepts related to the quantity of a good available in the market and its price, which are determined by the law of supply and demand, impacted by economic forces, such as income, producers, and policies for example.

Therefore, the greater the supply than the demand, the lower the prices, and the lower the supply, the higher the prices.

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Long-term investments that involve the purchase of a significant portion of the stock of another company may be held for a strategic purpose, such as expansion into new markets. By acquiring a significant portion of another company's stock .

A business can gain access to new markets and customers, which can contribute to its growth and profitability.

Expansion into new markets allows a company to diversify its revenue streams and reduce its reliance on existing markets.

This can be especially beneficial when the current market is saturated or experiencing slow growth. By investing in another company, a business can leverage its resources, capabilities, and expertise to penetrate new markets more effectively.

Additionally, expanding into new markets through strategic investments can help a company gain a competitive advantage,

It allows the business to leverage the strengths and synergies between the two companies, such as shared distribution networks, technology, or brand reputation.

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A family can have more than one person contributing to the household income for a better financial position.

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Answer:

14 years

Explanation:

Given the following data;

ARR = 5%

Principal = $1000

From the rule of 72;

Rule of 72 can be defined as a metric used to determine the time it will take to double an investment based on its growth rate. Also, it can be used to determine the economic growth by measuring the Gross Domestic Products (GDP).

Mathematically, it is given by the formula;

\( Number \; of \; years \; to \; double = \frac {72}{ARR} \)

Where;

ARR is the annual rate of return in percent.

Substituting the values into the formula, we have;

\( Number \; of \; years \; to \; double = \frac {72}{5} \)

\( Number \; of \; years \; to \; double = 14.4 \)

Therefore, the number of years to double = 14.4 ≈ 14 years

An interest rate charged to a customer during the early stages of a loan; the rate often goes up after a specified period of time is (a) Introductory rate.

Loan is defined as the amount of money or some valuable asset given to an individual or a company in exchange of future repayment. The loan is returned along with some extra amount called the interest rate, which is the charge for the time period of the loan.

Introductory rate is a temporary value which can be even 0% at the initial stages of loan. The reason for introductory rates is to leverage the people to invest in the loan.

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If left uncontrolled, high blood pressure can cause kidney disease, heart failure, and stroke. Therefore, the correct option is 4. All of the above.

High blood pressure, also known as hypertension, is a chronic medical condition that occurs when the blood pressure in the arteries rises above the normal range. It is defined as a systolic blood pressure of 140 mm Hg or higher and a diastolic blood pressure of 90 mm Hg or higher.

Blood pressure can be controlled by making lifestyle changes like adopting a healthy diet, engaging in regular exercise, limiting alcohol intake, avoiding smoking, and maintaining a healthy weight. In addition, doctors can prescribe medications to control blood pressure if lifestyle modifications alone are not effective.

If left untreated, high blood pressure can cause damage to your body's vital organs, including the kidneys, heart, and brain. Kidney disease, heart failure, and stroke are some of the severe complications that can arise due to high blood pressure. Therefore, it is critical to manage hypertension effectively.

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Answer:

6

Explanation:

Answer:c

Explanation:

An entrepreneur should focus his or her efforts on ventures that will provide the most profit.

If they invested in something else, they would lose money since the project they chose would yield less profit than the optimal one that would have yielded more.

Thus, Lose Money is correct.

Human capital, sometimes known as "talent" or "employees," was frequently the most highly regarded resource among those polled.

Management and technical workers were regularly mentioned as being very significant by respondents. Debt and equity capital are used to provide access to funding or finance.

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Track and limit how much time you're spending on tasks.

Take regular breaks.

Set self-imposed deadlines.

Follow the "two-minute rule."

Just say no to meetings.

Hold standing meetings.

Quit multitasking.

The answer to your question is that most of the products' cost and functionality are determined during product design. Option B

This is because product design is the process of creating a new product from scratch or modifying an existing one to meet specific needs or requirements.

During this process, various factors such as the product's purpose, target market, materials, and manufacturing process are taken into consideration to ensure that the final product meets the desired specifications.

During product design, engineers, designers, and other professionals work together to create detailed drawings, specifications, and prototypes that represent the final product.

This enables them to identify any potential design flaws or challenges early on and make necessary changes before the product goes into production. This is important because any changes made during manufacturing can be costly and time-consuming.

Moreover, product design also plays a significant role in determining the cost and functionality of the final product.

This is because the design process involves selecting the right materials, components, and manufacturing processes to achieve the desired functionality while keeping the cost within the budget. This requires a careful balance between quality, performance, and cost-effectiveness.

In conclusion, while manufacturing, supplier selection, and launch are important stages in the product development process, product design is the stage that has the most significant impact on the cost and functionality of the final product.

It is, therefore, essential to invest in product design to ensure that the final product meets the desired specifications, is cost-effective, and performs as expected. So the correct answer is Option B.

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87.  The cost and functionality of a product is primarily determined during the **product design** phase.

Product design is a critical stage in the development of any new product, as it involves defining the product's features, specifications, and capabilities based on customer needs and market demand. During this phase, engineers, designers, and other experts work together to create a detailed blueprint of the product, including its materials, components, and production processes. The design team must also consider cost-effectiveness, manufacturability, and quality assurance to ensure that the final product meets or exceeds customer expectations and business goals.

While manufacturing, supplier selection, and launch are important stages in the product development process, they are typically focused on executing the design plan, rather than determining the product's cost and functionality. For example, during manufacturing, the focus is on producing the product according to the design specifications, while during launch, the focus is on introducing the product to the market and promoting its benefits and features to customers.

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1. The amount of discount amortization for the first interest payment is $150,000.

2, The amount of premium amortization for the first interest payment is $500,000.

Problem 1: Apple issued a 10-year, 8% bond with a face value of $70 million on January 1, 2021. The bond pays semiannual interest on June 30 and December 31.

Apple received $69.7 million for the bond, so there is a $300,000 discount. Apple uses the straight-line method to amortize the discount. On June 30, 2021, Apple made its first interest payment.

The amount of discount amortization for the first interest payment is $150,000.

Problem 2: Pepsi issued a 5-year, 10% bond with a face value of $90 million on January 1, 2021. The bond pays semiannual interest on June 30 and December 31.

Pepsi received $91 million for the bond, so there is a $1 million premium. Pepsi uses the straight-line method to amortize the premium. On June 30, 2021, Pepsi made its first interest payment. The amount of premium amortization for the first interest payment is $500,000.

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Answer:

$64,111

Explanation:

The computation of the project’s expected net operating profit after taxes for the year is shown below:-

Earning before interest and tax is

= earnings before interest, taxes, depreciation, and amortization - depreciation and amortization expense

= $123,884 - $25,252

= $98,623

Profit After tax = Earning before interest and tax × (1 - Tax rate)

= $98,623 × (1 - 35%)

= $64,111

Therefore we have applied the above formula to reach the profit after tax.

Answer:

Before entering an interview for a customer service job, get a handle on what good customer service means to you. Good customer service typically means providing timely, attentive, upbeat service to a customer, and making sure their needs are met in a manner that reflects positively on the company or business. Explanation: it is

Answer:

Great customer service means following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable and resourceful resources, but that you also take things a step further to exceed — rather than just meet — expectations.

Explanation:my mom works for customerservice

The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: Hence 2.5 years will be the period to grow .

In order to compute compound interest, multiply the principle of the original loan by the annual interest rate multiplied by the number of compound periods minus one.

You will then be left with the principal amount of the loan plus compound interest.

Computation of Period

Given in the question

A= $ 8346

P = $ 6000

r = 3.4%

t = 4

n=  ?

\(A = P (1+r/100)^nt\\$ 8346= 6000(1+3.4/100)^4t\\8346 = 6000(1.034)^4t\\8346/6000 = (1.034)^4t\\1.391 = (1.034)^4t\\\\t = 10\\n = 10/4 \\n = 2.5 years\)

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Answer:

Here:

Explanation:

Purchase price of shares = 24000

total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240

selling price of shares = 29100

total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065

Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825

The double-declining balance method is a way to calculate the depreciation of an asset over its useful life. Here are the steps to find the correct values:

1. Determine the asset's initial cost, its salvage value, and its useful life in years.

2. Calculate the straight-line depreciation rate: Divide 1 by the useful life in years.

3. Double the straight-line depreciation rate: Multiply the straight-line depreciation rate by 2.

4. Calculate the depreciation expense for each year: Multiply the current book value of the asset (initial cost minus accumulated depreciation) by the double-declining balance rate.

5. Subtract the depreciation expense from the current book value to get the new book value for each year.

6. Repeat steps 4 and 5 for each year of the asset's useful life, stopping when the book value reaches the salvage value.

It's essential to have the correct initial cost, salvage value, and useful life in years for the asset to calculate the depreciation correctly. Please recheck these values and use the steps above to find the correct double-declining balance depreciation amounts.

Keep in mind that the double-declining balance method results in higher depreciation amounts in the early years of an asset's life and lower amounts in the later years. If your calculated values are still incorrect, ensure you are using the right method and double-check your calculations.

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