The Stinky Cheese Company Has Just Undergone a Major and Complex

question 363

Essay

The Stinky Cheese Company has just undergone a major and complex change effort that will require employees to work in self-managing teams.The VP of Human Resources is concerned that the institutionalization of the change will be difficult.You have been hired as a consultant to inform her of the factors that can inhibit institutionalization.What will you tell her and recommend that she does to ensure that the change is institutionalized?

---

Definitions:

Straight Line Amortization

A method of allocation of an asset's cost over its useful life in equal annual amounts.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Non-Controlling Interest

A stake in a company that is not large enough to control company decisions, representing ownership by minority shareholders in a subsidiary not wholly owned by the parent.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and adjusted thereafter for the investor's share of the investee's profit or losses.