Changing Culture Mandy Recently Returned from Her Two-Day Managerial Seminar, 'How to 'How

question 83

Multiple Choice

Changing Culture
Mandy recently returned from her two-day managerial seminar, 'How to Totally Change Your Management and Leadership Style in Two Days'.Even though she felt the seminar was worthless (as she had predicted) , it did give her a chance to think about how to change the culture of her organisation.She had been brought in by the new CEO as a change agent, and her position had the authority to have impact.She felt that the recent hostile takeover by their parent company had shocked everyone, especially given that the entire organisation consisted of only 150 people and had been in business for only five years.She felt this might be the time to attempt the cultural change while everyone was still thinking in terms of change.As she tossed her leadership seminar manual into the bin, she considered what might be her first step and how well the cultural change would work.
-Refer to Changing Culture (Scenario) .Of the following, which is an advantage that Mandy has to implement cultural change?

• A)her managerial level
• B)her new leadership skills
• C)the recent purchase of her company
• D)her change agent power
• E)previous stable leadership

Recognize the importance of allocating indirect expenses in departmental accounting accurately.

Understand the significance of sales, cost of goods sold, and operating expenses in determining departmental financial performance.

Learn how to evaluate the performance of individual departments using departmental income statements.

Distinguish between direct and indirect expenses and their implications on departmental profitability.

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Definitions:

Confirmation Bias

The disposition to seek, grasp, esteem, and recount information that confirms existing preconceptions or theories.

Belief Perseverance

The phenomenon where people hold onto their beliefs even when faced with evidence that contradicts or disproves them.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by reducing complex problem solving to simpler judgment processes.

Unscrambling

The process of rearranging letters or elements to restore them to a coherent or original order.