The Drought of 2011 Devastated Hay Crops in the Plains

question 3

Multiple Choice

The drought of 2011 devastated hay crops in the plains states and horse owners ranged far and wide to purchase hay for their horses when winter arrived. Hay can be purchased "up north" for $4 a bale and a few entrepreneurs with large trailers were more than willing to pick up a few hundred bales and haul them south where demand was high. The transportation cost was $6 per bale and a packing and loading cost of $1 was typical. The landed cost of a bale of hay this winter was:

• A)$4.
• B)$6.
• C)$10.
• D)$11.

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Definitions:

Unfreezing Stage

The initial phase in the change process where existing behaviors, norms, attitudes, or practices are challenged to prepare for change.

Employee Turnover

The speed at which workers depart an organization and new workers take their place.

Transformational Changes

Significant, comprehensive changes that fundamentally alter the nature or direction of an organization, system, or process.

System Upgrade

The process of replacing a software system with a newer or better version to improve its functionality or performance.