Because the responsibilities of his position are changing with technology, Joseph must grow his skills in data analytics. He enrolls in two company-wide classes to learn more about Tableau and Alteryx, two tools that will be particularly useful to him in his position. Considering Joseph’s efforts to learn new skills, what type of change does this scenario illustrate?
Company A is a family-owned convenience store, and the manag…
Company A is a family-owned convenience store, and the manager recognizes that they are vulnerable to economic downturns. Such downturns can reduce discretionary spending among customers and affect their sales. Using the SWOT analysis, how would you classify the possibility of an economic downtown and its relationship to the store?
Ella has worked at an interior design firm for six years and…
Ella has worked at an interior design firm for six years and loves her job. Recently, a new lead designer was hired, and rumor has it that the new leader wants to bring in all their own designers and plans to lay off most of the existing designers. Many of Ella’s co-workers have started to look for jobs elsewhere, including jobs outside the industry, but Ella believes that there is no way she will be one of the designers to be let go. What stage of the change process do her beliefs represent?
A U.S.-based firm sells potato chips. The chips are made exc…
A U.S.-based firm sells potato chips. The chips are made exclusively from potatoes grown in Canada. When a potato farm in Canada sells potatoes to the U.S., this is an example of:
Nina owns and operates a local coffee shop. Until recently,…
Nina owns and operates a local coffee shop. Until recently, her store was the only coffee shop in town. Most of her business came in the form of walk-in and repeat customers. However, there are now two other coffee shops in town, including a fast-food coffee chain. The amount of traffic to her shop has declined and her business needs to change. Nina, in collaboration with her employees, brainstormed new ways to conduct business. They decide to use related diversification to diversify from selling coffee only to selling a variety of food and beverage menu options. They soon begin implementing these changes. What type of change is Nina implementing?
Rejat is an upper-level manager at a Fortune 500 company. Th…
Rejat is an upper-level manager at a Fortune 500 company. The board of directors feels like the company is outdated and they want to recreate its image and go in a different direction. What kind of planning will Rejat use to develop a new mission and long-range objectives?
The Life is Good Company, an American apparel and accessorie…
The Life is Good Company, an American apparel and accessories wholesaler, retailer, and lifestyle brand best known for its optimistic T-shirts and hats, gives a local T-shirt company the right to use its “Life is good” wordmark. The arrangement described here illustrates a(n):
Layan’s company is planning to extend its existing business…
Layan’s company is planning to extend its existing business in Asia. In Europe, the company is dominant, so they plan to make only slow and gradual changes in that market. However, their efforts to establish market share in North America have not been successful, so they plan to liquidate those assets and redirect them elsewhere. Considering this scenario, what type of corporate-level strategy is in use?
Lila works in the dining commons on campus. She has worked t…
Lila works in the dining commons on campus. She has worked there for the past two years; she has grown to love her job and her co-workers. Recently, though, there has been talk among the staff that some of the employees in the dining commons may be transferred to another dining commons location. Lila is worried that Lauren, her co-worker who also started with her two years ago, will be one of the employees moving to the other dining commons. She hopes that both she and Lauren will stay at the same dining commons. What is Lila’s reason for resisting change?
I hereby swear that I accept and will comply to all aspects…
I hereby swear that I accept and will comply to all aspects of the UF honor code including the assertion: “I have neither give nor received any unauthorized aid in the execution of this exam” IMPORTANT: Do not forget to rip up the scratch paper used in this exam.