It is true that Companies often refine their cost allocation systems to minimize the amount of cost distortion caused by the simpler cost allocation systems.
Which costing method has the lowest likelihood of causing cost distortion ?Activity-based costing . Activity-based costing assists in effectively allocating costs to cost objects. Because it takes into account the various cost drivers and cost pools, the cost system will therefore be the one to lessen the distortion in costs.
According to the given information
To reduce the degree of cost distortion brought on by the simpler cost allocation systems, businesses frequently improve their cost allocation systems.
Companies can more fairly allocate indirect expenses (like MOH) to their respective occupations, products, or services by improving their costing methods.
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what is economic and non economic activity in business plz help
Answer:
economic activity refers to a human activity relatedto production and vonsumpition of goods and services for economic gain.
non economic is an activity performed gladly with the aim of providing services to other without any regard to monetary again
The CDC for hospitals and healthcare facilities to improve
The CDC makes investments in infrastructure and healthcare systems to make them secure settings for patient care.
What are the Centers for Disease Control and Prevention?The Centers for Disease Control and Prevention (CDC) is a government organization that carries out and supports health promotion, prevention, and preparedness operations in the United States. The Department of Health and Human Services oversees the CDC, which was founded in 1946.
Access resources and advice to help healthcare facilities plan, function efficiently, and handle surges.
Thus, CDC helps in improving the plans and functions efficiently to handle surges.
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The aggregate is
A. a type of economic system.
B. the total number of goods demanded or supplied.
C. a form of revenue.
D. the total profit made on sales.
The aggregate is the total number of goods demanded or supplied. The correct option is B.
An aggregate is a union of particular economic variables or factors that are typically expressed numerically and are used to measure or analyze broad economic trends. Gross Domestic Product (GDP), which represents the total value of goods and services produced within an economy over a given time period, is an example of an aggregate.
By analyzing trends in particular variables over time, aggregates help economists analyze and understand the overall state and performance of an economy. Economists can forecast future economic outcomes and assist policymakers in making choices that can support growth and stability by understanding how aggregates change and interact with one another. The correct option is B.
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Malaki ran 9,656 meters on Monday and 4,687 meters on Tuesday. How many more meters did she run on Monday than on Tuesday?
Answer: 4969 meters
Explanation: Here's what you do: 9,656 - 4,687 = 4969
Answer: 4969 meters
Explanation:
why do competitive markets work better for life insurance than for income insurance?
Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.
Explanation:
Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.
a bond with a face amount of $ has a current price quote of . what is the bond's price?
To calculate the bond's price, you need to know its face amount and the current price quote expressed as a percentage of the face amount. The face amount (also known as the par value) is the amount the bond issuer will pay the bondholder when the bond matures. The current price quote is the bond's market price as a percentage of its face amount.
For example, if a bond has a face amount of $1,000 and a current price quote of 95%, you would calculate the bond's price as follows:
Bond's price = Face amount × (Current price quote / 100)
Bond's price = $1,000 × (95% / 100)
Bond's price = $1,000 × 0.95
Bond's price = $950
The bond's price is $950. Remember to replace the face amount and current price quote with the actual values you have in order to determine the bond's price for your specific scenario.
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the company president meets with senior managers to determine what is causing a problem with the company's best-selling computer microchip. they discuss whether the cause might be a modification that was made in the manufacturing process. which management function is the group performing? multiple choice question. controlling planning leading organizing
The management function is the group performing controlling in this scenario so option A is correct.
Planning, organising, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.
Organizational control is the most common definition of management's controlling function. In order to accomplish its aims and objectives, an organisation (via its managers) influences its constituent parts and its members.
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If Billy Jo does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online
The Product/Service type in QuickBooks Online that he will select is Non-inventory.
What is QuickBooks Online?This is an app that helps it client in lot of ways. QuickBooks Online Plus is known to be a wide and robust Online version that QuickBooks is said to offers.
It is made up of more that 65 reporting features and these features includes the ability to track inventory, form purchase orders, and others.
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Which type of leadership style should be used when the group has a strong sense of teamwork and a familiar routine?
Pilihan jawaban
a. Laissez Faire
b. Visionary
c. Autocratic
d. Democratic
Use a laissez faire leadership approach when there is a strong sense of teamwork and a routine that is well-known to the group.
What leadership style is most effective for managers today?Because it encourages everyone to engage in all processes, voice their thoughts, and trust that you will hear them, the democratic leadership style is one of the most successful. Employee engagement is also boosted by the knowledge that their opinions will be heard.
What does a transformative leadership approach entail?A leadership style known as transformational leadership affects both social systems and individual behaviour. In its optimal state, it brings about significant and constructive change in the followers with the ultimate objective of transforming followers into leaders.
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Select the correct answer from each drop-down menu. in 2005, country a exported steel worth $5 billion to country b. steel producers in country b alleged that country a was steel into country b because country a’s selling price was 20% lower than the normal value. when the claims were proved valid, country b imposed of 20% on steel imports from country a.
DUMPING: A predatory pricing practice in which a foreign nation exports its commodities to another nation and sells them there for less than the local market rate.
Are there really 257 country on earth?Today, there are 195 nations in the world. This number includes the Vatican See and also the State of Palestine, two non-member observer nations, together with the 193 United Nations member states.
What constitutes country a ?In geopolitics and global politics, a nation appears to be a physical place. The dictionary describes it as "the land of either a nonviable fetus, abode, or citizenship; a governmental nation or state or its territory."
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As a result, country B imposed a 20% tariff on steel imports from country A.
What is a dumping?Dumping is the act of selling a product in a foreign market at a price lower than the price charged in the domestic market or below the production cost. It is considered as an unfair trade practice.
What are the measures to counter dumping?Measures to counter dumping include imposing tariffs on the imported goods, which raises their price and makes them less competitive with domestic products. Another measure is the imposition of anti-dumping duties on the imported goods. Additionally, some countries also negotiate agreements with the exporting countries to limit the volume or value of their exports to the importing country. Some countries also use countervailing duties to counter the effects of subsidies provided to the exporting country's industries.
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Which is NOT a main goal of advertising?
To evaluate: gives a company a measure of how many customers it reaches.
To persuade: shows why the brand is the best.
To inform: introduces a brand new company, product, or service.
To remind: reinforces the brand message.
Answer:
to remind
Explanation:
because you need to persuade people and inform people and before you do that you have to evaluate
when does business unit planning occur in the strategic planning process? group of answer choices after corporate planning and product planning after offering planning but before product planning before corporate planning after offering planning after corporate planning but before offering planning
Business unit planning typically occurs after corporate planning and product planning but before offering planning in the strategic planning process.
What is Business?Business is an activity that involves the production, buying, and selling of goods and services. It involves individuals, organizations, and companies working together to create economic growth and development. Business activities are conducted in order to generate profits and satisfy customer needs. Businesses can involve a variety of activities such as accounting, finance, marketing, operations, production, and human resources. Businesses must also consider their legal, ethical, and social responsibilities when engaging in their activities.
This allows the business to identify the potential opportunities and resources available to the business unit, as well as analyze the risks associated with pursuing those opportunities. This process also helps the business unit identify the strategies and objectives necessary to achieve its desired outcomes.
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Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.
The reinforcement schedule that is used when he receives a paycheck at the end of every week is known as a fixed interval schedule.
What is a fixed interval schedule?This schedule are those that occurs when the first response is rewarded only after a specified amount of time has elapsed.
As the weekly schedule is followed, then, the reinforcement schedule s known as a fixed interval schedule.
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a) What is the optimal size of the production run? 4,676 units (round your response to the nearest whole number). b) What is the average holding cost per year? \$ (round your response to two decimal places). C) What is the average setup cost per year? $ (round your response to two decimal places). d) What is the total cost per year, including the cost of the lights? $11,764.10 ⊤
(round your response to two decimal places). Radovilsky Manufacturing Company, in Hayward, Calfomis, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 12.500 fashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $48. The cost of each light is $1.05. The holding cost is 50.05 per light per yoat. a) What is the optimal suze of the production run? units (round your response to the nearest whole number).
The optimal size of the production run for Radovilsky Manufacturing Company is approximately 4,676 units.
The optimal size of the production run, we can use the economic order quantity (EOQ) formula:
EOQ = √((2 * D * S) / H)
Where:
EOQ = Economic order quantity (optimal production run size)
D = Annual demand (12,500 units)
S = Setup cost per production run ($48)
H = Holding cost per unit per year ($0.05)
Plugging in the values, we have:
EOQ = √((2 * 12,500 * 48) / 0.05)
EOQ ≈ 4,675.74
Rounding the result to the nearest whole number, the optimal size of the production run is 4,676 units.
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Jan is considering starting a temporary help agency. Why might this be a good business to st art?
A: There is a shortage of skilled workers.
B: The trend toward hiring temporary workers is up.
C: Unemployment is fairly high.
D: More people than ever before want temporary work.
Answer: B: The trend toward hiring temporary workers is up
Explanation: A temporary help agency could be explained as an establishment which offers workers to its client's for temporary use or need. The client notifies the agency of its need for temporary workers and the agency does as required. The temporary help agency business could be seen as a good business to establish due to the rising demand for temporary workers by organization in other to reduce the number of permanent personnel their payroll. This logic ensures that these organizations reduce the cost of salaries and benefits of their employees.
the revolution in management that is currently under way suggests that the most effective managers of the future will
The current management revolution suggests that the most effective future managers will need to "be skilled communicators and team players."
This is because, unlike in the past, when employees tend to follow the manager's instructions to the letter without questions, many employees today tend to speak back or ask more questions.
Also, coupled with the fact that many today's employees prefer working without strict supervision, the tendency for conflicts to occur increases, and the need for motivation becomes significant.
Hence, in this case, it is concluded that future managers would need to be good communicators and team players, not just among the executives but also among the lower employees.
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For various reasons and both internal and external factors, organizations engage in temporary improvement initiatives that are a departure from their day-to-day business. These projects are aligned with organizational goals and are undertaken to create what?
These projects are aligned with the goals of the organization and are undertaken to create
Tasks to be performed by the project teamA unique product, service or resultOpportunity to changeReal resultsProject management is one of the management or procedures for managing important sources of income to complete the project from the beginning to the completion of the project. Project management can be applied to any type of project and is widely used to complete large and complex projects. The main focus of project management is the achievement of all project goals with all available constraints, time and available funds. In planning the making of a system project, it takes a variety of components involved in it.
One thing that must be considered / prioritized by a project manager in planning is to calculate, both qualitatively and quantitatively, and the risks that will occur in the process of working on the project.
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what is the goal of organizational design? multiple choice question. to ensure that each employee is placed on a specific level within the firm's hierarchy to enable managers to translate th
The main goal of organizational design is to enable managers to translate the company's overall strategy into a collection of effective workflows and processes that will help the company achieve its objectives.
Organizational design ensures that each employee is placed in a specific position within the company's hierarchy.
It is a structured process of aligning an organization's structural elements to its goals and objectives. The following are some of the benefits of organizational design:
1. Increased Efficiency: The primary aim of organizational design is to align the organizational structure with the business goals, ensuring that workflows and processes are streamlined and effective.
2. Clear Communication: Organizational design helps ensure that communication within an organization is efficient and transparent. It removes any ambiguities that can arise when responsibilities are not clearly defined.
3. Optimum Utilization of Resources: Effective organizational design ensures that resources such as human capital, infrastructure, and technology are utilized optimally.
4. Better Decision Making: Organizational design provides a framework for decision-making, ensuring that the right people are involved in the process and that decisions are made based on a thorough analysis of the available data.
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Complete question
What is the main goal of organizational design?
the manner in which union dues are collected wherein the union member agrees to a payroll deduction of union dues, which are collected by the employer and paid directly to the union is called the:
The term "dues check off system" refers to a method of collecting union dues in which the union member consents to a payroll deduction of dues, which are then gathered by the employer and given directly to the union.
An employee is a person who is employed by an employer to do a certain task. Employers have control over how much money employees receive, when they work, and how they work. Employees receive perks in return that contractors do not. With their employer, employees often agree on a salary and receive benefits like overtime compensation and vacation time. In contrast to independent contractors, employers take up the financial risk of the endeavor in exchange for greater control over the employee's job, making employees a different type of entity.
A person who can be hired by an employer to perform a specified task is known as an employee. Employers have complete control over what employees do and how it will be done, in contrast to contractors who enjoy greater freedom than employees.
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A life insurance applicant's answers on the application indicate that they in good health. In fact, the applicant actually has a disease that they are not aware of. The statement on the application is considered: A Fraudulent B A warranty C A concealment D A representation
An it company wants to run a log backup process every monday at 2 am. The usual runtime of the process is 5 minutes. As a cloud practitioner, which aws services would you recommend to build a serverless solution for this use-case? (select two).
As a cloud expert, Cloudwatch and Lambda are the AWS services I would suggest using to create a serverless solution for this use case.
By "cloud practitioner," what do you mean?A technical expert who is proficient in cloud computing and has a solid understanding of AWS is known as an Amazon Web Services (AWS) certified cloud practitioner and is capable of supporting cloud operations in a variety of verticals and sectors.A fundamental understanding of AWS Cloud principles, services, and terminology is provided by the AWS Certified Cloud Practitioner certification. For people in non-technical roles who have no prior IT or cloud expertise or for those with on-premises IT experience looking for basic AWS Cloud fluency, this is a fantastic place to start.
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Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position? O A. O B. O C. O D. high school diploma associate degree in performing arts bachelor's degree in art history doctorate in computer sciences
The best education for Matt to attain the position of curator at a large national museum is an Option C. bachelor's degree in art history.
A curator is a person who is in charge of the collection and display of artifacts in a museum. Curators are responsible for organizing exhibits, acquiring new collections, and keeping the existing ones in good shape, among other duties. The work of a curator demands a high degree of knowledge of the materials they handle, in addition to organizational skills and the ability to engage with the public.
Curators must typically hold a bachelor's degree in a field related to the collection they oversee. Art history, anthropology, or archaeology are popular majors for curators. Additionally, they should have experience in their particular field of expertise. Furthermore, many museums will require their curators to have a Master's degree or Ph.D. in their field or a related one. These degrees are obtained in specialized postgraduate degree programs, and they demonstrate a deeper understanding of the subject matter and a commitment to the field.
The education for Matt to attain this position would be a bachelor's degree in art history. Art history is the study of visual art throughout history. It is an academic discipline that combines cultural and historical perspectives to examine and understand visual art. In this field, you will learn about artists and their works, styles and movements, and the cultural contexts that surrounded them. This knowledge is critical to the work of curating art collections, and it will enable Matt to be efficient in his job. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Matt is the curator at a large national museum. He researches and catalogs new art pieces that are submitted to the museum. What education might have been necessary for Matt to attain this position?
A. high school diploma
B. associate degree in performing arts
C. bachelor's degree in art history
D. doctorate in computer sciences
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Jordynne was the manager of Pets-R-Us, a pet store in Southern Valley Mall. Pets-R-Us had a one-year lease, and rent payments were $2,000.00 per month. Five months into the lease, Jordynne found a better site for the pet store. She notified Southern’s manager, vacated the mall, and moved her store to its new location. After two months, Southern was able to re-lease the premises to another retail store, but at a reduced rent of $1,800.00 per month. If Southern successfully sues Pets-R-Us, Southern will likely receive:_________
Southern is likely to receive $14,000 for damages
A lease such as the one between Jordynne and Southern represents a contract. Due to this, it is expected both parties met the conditions previously agreed. This means:
Jordynne should have stayed in the first site for a year.Southern cannot ask Jordynne to leave the site she rented.In this context, it was Jordynne the one that breached the contract, as a consequence Southern can sue her. In this case, it is expected Jordynne has to pay the rent for the months she was not in Southern Vally Mall.
$2,000 x 7 months (she left in the fifth month) = $14,000
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Suppose you invest $5000 in a savings account that pays an apr of 4%. If the interest is compounded monthly, what is the balance in the account after 10 years?.
The balance in the account after 10 years is $7,401.22.
To calculate the balance in the account after 10 years, we can use the formula for compound interest:
\(A = P(1 + r/n)^(nt)\)
where:
A = the balance in the account after t years
P = the principal (initial investment), which is $5000
r = the annual interest rate, which is 4%
n = the number of times the interest is compounded per year, which is 12 (for monthly compounding)
t = the number of years, which is 10
Plugging in these values, we get:
\(A = 5000(1 + 0.04/12)^(12*10)\\A = 5000(1.003333)^120\)
A = 5000(1.480244)
A = $7,401.22
Therefore, the balance in the account after 10 years is $7,401.22.
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4. People in the organisations carry out diverse tasks with the aim to achieve
(a) Different objectives
(b) Common objectives
(c) Both of the above
(d) None of the above
Answer:
(b) Common objectives
Explanation:
People and departments in an organization perform different functions, but all focus on achieving its objectives. An organization's top management sets the goals and targets for a particular period. It then identifies specific actions that need to be accomplished to achieve the set goals.
The identified actions are distributed to various departments for implementation. Each department will break down its activities into small tasks and assign them to individual workers. Every employee will be working to achieve their set objectives. If all workers achieve their targets, the departments will meet their objectives, and so is the organization's goals.
a firm had after-tax income last year of $3.0 million. its depreciation expenses were $0.2 million, and its total cash flow was $3.0 million. what happened to net working capital during the year?
The company's total cash flow for the year was $3 Million as opposed to $3.2 Million. It implies a cash outflow brought on by an increase in working capital requirements.
The difference between a company's current assets and current liabilities is its net working capital. Working capital management is crucial for a company's daily operations, and growing working capital needs have a detrimental impact on a company's cash flow.
Net Income = $3.0 Million
Depreciation = $0.2 Million
Total Cash Flow = $3.0 Million
Based solely on these two figures, we can estimate the company's operating cash flow as follows:
Operating Cash Flow = Net income + Depreciation
OCF = $3 + $0.2 = $3.2
Therefore, Operating Cash Flow = $3.2 Million
Because depreciation is a non-cash item, it has been added back to the income statement.
However, rather than $3.2 million, the company's overall cash flow for the year was $3.0 million. It suggests a cash outflow brought on by a rise in the need for working capital.
Net Working Capital Growth = 3.2 - 3.0 = 0.2
Gain in Net Working Capital = $0.2 Million
Notably, the cash flow also takes changes in working capital into account in addition to adjusting for non-cash and non-recurring expenses. The working capital requirements rise and the cash flows decrease. As an illustration, a rise in receivables or inventories reduces cash flow and raises the need for working capital.
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Mack is an oil executive. He wants to start a new company with different partners to explore some drilling opportunities. His attorney advises him about the various business forms. When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that.
When discussing the llc form, his attorney mentions that one of the biggest disadvantages of the llc form is that there is no uniform law governing LLCs in the United States.
When you attempt to start an indebtedness company (LLC), you'll be able to value more highly to form your company in any state, irrespective of where you're based. But in most circumstances, your home state is going to be your most-effective option.
It has been attorney enacted in 20 U.S. jurisdictions: Alabama, Arizona, Arkansas, California, Connecticut, the District of Columbia, Florida, Idaho, Illinois, Iowa, Minnesota, Nebraska, New Jersey, American state, Pennsylvania, Mount Rushmore State, Utah, Vermont, Washington, and Wyoming.
As of this writing, the sole state that does not allow the formation of an in-state Series LLC is California. California has specific and strict regulations governing business normally, and there's currently no such thing as a California Series LLC. "Model" acts, as compared, are intended to function guideline legislation which states can borrow from or adapt to suit their respective situations.
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The ratio of average volume in declining issues to average volume in advancing issues is called the ______________.
a. market breadth
b. market volume
c. trin statistic
d. relative strength ratio
The ratio of average volume in declining issues to average volume in advancing issues is called the c. trin statistic
TRIN is a short-term trading instrument that measures stock market volatility. TRIN describes the evolution and decline of emissions by measuring flow. A rising TRIN indicates a weak market and a falling TRIN indicates a strong market. You can add a moving average to smooth your data.
TRIN readings below 0.50 are considered indicative of an overbought condition where analysts expect a downward correction retracement to be imminent. TRIN readings above 3.00 are usually interpreted as indicating an oversold condition that could lead to an up rally.
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tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed. Based on the Situational Leadership Model II®, which leader style would be best for Tom to use?
The Situational Leadership Model II® is a leadership theory that suggests that the most effective leadership style depends on the situation at hand. In this case, Tom is in charge of a Habitat for Humanity build site where volunteers arrive daily, excited to volunteer, but with very little knowledge of how to do the work or what needs to be completed.
According to the Situational Leadership Model II®, there are four leadership styles: directing, coaching, supporting, and delegating. Each style is appropriate for a different level of follower readiness, which refers to the competence and commitment of the followers.In this situation, the volunteers have very little knowledge of how to do the work or what needs to be completed, indicating a low level of follower readiness. Therefore, the best leadership style for Tom to use would be the directing style.
The directing style involves giving specific instructions and closely supervising the work of the followers. This style is appropriate for followers who have low competence and low commitment, as it provides clear guidance and structure.
To use the directing style effectively, Tom should:
1. Clearly communicate the goals and expectations for the build site.
2. Provide detailed instructions for each task and demonstrate how to do them.
3. Closely supervise the work of the volunteers and provide feedback on their performance.
4. Provide positive reinforcement for good performance and corrective feedback for poor performance.
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"Analyse and discuss the strategic opportunities and constraints faced by the Board and Executive Management when planning the future direction of the organisation"
Explanation:
A transition of direction is always a challenging task in an organization, since this activity must be carried out gradually, so that the strategic planning is revised and aligned with the vision of the future direction.
There are several opportunities added to a new organizational direction, such as the attention of new investors and the possibility for the organization to receive a new executive and strategic vision, which can be essential for innovation and the effective positioning of a company in the market. The challenges are always to align the company's current operations and action plans with the planning of the future direction, since systematic changes must occur gradually so as not to harm the present actions and the work of the employees, but when the transition is made in a planned and gradual way, it can mean more benefits than disadvantages for organizations.