Refer to the Scenario Below to Answer the Following Questions

question 32

Multiple Choice

Refer to the scenario below to answer the following questions.
Fred Fryer's Donuts (Scenario)
Since the integration of two new stores in Littleville, U.S., Fred Fryer's Donuts, Inc. has recognized that there is a need for reengineering the entire organization. The main need is to install new state-of-the-art kitchen equipment in the seven remaining stores, and then dispose of all old equipment to a salvage dealer or else incur a loss. The employees will have to be trained to operate the new computer programmed equipment. Fred is setting up the main store as a training store. Employees from the other stores will train at the main store for five days while their respective store's equipment is being converted. The regular employees from the main store have the responsibility of instructing the classes or overseeing the installation of the new equipment and testing its operation before that store's employees return from training. The organization is also replacing the old employee reporting system. Ordering of materials will now be done by an intranet. Fred has promised that no one will lose his or her job because of the organizational changes. He estimates that when the employees get to the computer programming training, as many as 10 percent of the current employees will resign or retire. He also thinks that opening a new store will absorb the excess employees.
-The installation of the new equipment at is an example of ________.

• A) people change
• B) management change
• C) technological change
• D) structural change
• E) strategy change

Identify strategies to enhance corporate culture during organizational changes, such as mergers and acquisitions.

Understand the principles of effective internal communications for maintaining strong organizational culture.

Identify the role of supportive leadership and employee engagement in a healthy corporate culture.

Recognize the importance of employee advocacy in strengthening organizational reputation.

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Definitions:

Surplus

The amount by which revenues, resources, or supplies exceed what is needed or used; in finance, it refers to profit or the amount by which income exceeds expenditures.

Revised Article 9

An update to the Uniform Commercial Code that deals with secured transactions; it governs the process of securing assets to back a loan.

UCC

The Uniform Commercial Code is a widespread legislative schema that guides all commercial operations in the United States.

Security Agreement

is a legal document that provides a lender a security interest in a specified asset or property that serves as collateral for a loan.