IT 205 Final Exam Please use as a study guide as the test may not be the same! Grade 100% The answers in Green with a checkmark are the correct answers. 1. The fundamental set of assumptions‚ values‚ and ways of doing things‚ that has been accepted by most of a company’s members is called its: * Culture * Values * Environment * Atmosphere 2. The field that deals with behavioral issues as well as technical issues surrounding the development‚ use‚ and impact
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other members of my team we ended up discussing change management and how they impact the diagnostic process. The process of renewal and eternal development that helps us to prepare for change‚ expect change‚ and learn to adapt change is called evolution and is needed to continue success within our company (CTU‚ 2008). There are three models that we can utilize and I will discuss each one within this paper‚ they are: McKinsey 7-S Model‚ Lewin ’s Change Management Model‚ and the 5 P ’s Model of Pryor
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According to Basu (2013) Organizational change is about reviewing and modifying management structures and business processes. Small businesses must adapt to survive against bigger competitors and grow. However‚ success should not lead to complacency. According to Hickman (2010) Organizational culture is the life force of an organization‚ the culture of a company is based on values‚ underlying beliefs‚ practices‚ behavioral norms‚ symbols‚ ceremonies and customs. Organizational culture can facilitate
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Tracking Organizational Performance Control: monitor the organizations environment‚ competitors‚ publics‚ strengths‚ weaknesses and performance (strategic planning). Day-to-Day performance for the purpose of fine-tuning current efforts (feedback) Evaluation: Final outcome – did it work‚ did it achieve behavioural influence goals? Major drivers of success? What didn’t work? Monitoring (measurement): Keeps marketers on schedule‚ to know if all segments are being reached‚ what is working/not working
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Organizational Change Process Organizations need tactical responsiveness to external dynamics to bring strategic renewal within the continuum‚ which organizations need to create and maintain outstanding performance (Spencer‚ 2010). Through strategic renewal the organization alters its operational strategy to gain economic advantage. Successful of implementation of change should be a long-lasting occurrence often determined by readiness‚ resources necessary to implement change successfully‚ how the
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Name: Kristie Foster Due Week 5 - Day 7 Complete the following exam and post it to the Assignment section. FINAL EXAM 1) A portfolio with a correlation of +1 is not a well-diversified portfolio. What must you as an investor do to structure a portfolio with negative correlation? As an investor to structure a negative correlation portfolio‚ you must add more negative correlated stocks to the portfolio‚ which should offset the positive correlated stock. By doing this it will bring the positive
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Final exam format‚ SPA 101 All accent marks will count as ¼ pt. on the exam‚ whether they are missing or misplaced. 1. Listening: You will hear a paragraph 3 times‚ but no more than 3 times. There are five statements that must be finished with information from the paragraph. There are 3 choices. Example: Rogelio hace ejercicios en a. El club b. en el gimnasio c. en su casa. From Lesson 1 2. Definite articles: You will see five nouns. In front of each noun‚ write the correct Spanish
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Organizational change is when an organizations overall strategy for success changes and changes the way in which it operates. Organizations must undergo significant change in order for the organization to develop. Change should be done to accomplish some overall goal. “Usually organizational change is provoked by some major outside driving force‚ e.g.‚ substantial cuts in funding‚ address major new markets/clients‚ need for dramatic increases in productivity/services‚ etc.” (McNamara) There are usually
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The Phases in the Organizational Change Process Janet E Perez HCS/587 October 14‚ 2013 Margaret Walker The Phases in the Organizational Change Process Spector (2010) stated “organizational change is typically initiated in response to a trigger event or a shift in the environment that precipitates a need for altered strategies and new patterns of employee behavior” (p.18). According to Spector (2010)‚ to understand and analyze the
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Managing Change BM 303 Critically evaluate how organizations may approach change in the 21st century. The aim of this paper is critically evaluate the models used by organisations to manage change in the 21st century. Hard model systems and soft model systems will be assessed in order to ascertain which model is applicable to a 21st century business environment. In the 21st century the pace and scale of the change demanded of organisations and those who work within them are enormous. Global
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