Companies that don't allow managers to move across their national businesses and who believe that the remuneration for expatriates should remain country-specific seek a polycentric staffing policy.
The phrase "ethnocentric employment policy" describes a multinational corporation's choice to employ managers from the parent headquarters in crucial positions rather than local workers.
In order to better understand local circumstances and demonstrate a company's commitment to the host nation, polycentric staffing emphasizes hiring local workers to staff a company's international subsidiaries. Regional staffing organizes overseas subsidiaries.
Home-country employees are given the highest positions in the central offices or headquarters under the polycentric policy approach to employment, whereas abroad local employees are given different roles.
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In it firt year, "Abol Buna Company" had the following experience
Sale = 25,000 unit Selling price = Birr 100
TVC = Birr 1,500,000 TFC = Birr 350,000
Required:
Develop revenue, cot and profit function for the company in term of quantity. Find the Breakeven point in term of quantity
Convert the cot equation in term of quantity into a cot equation in term of revenue
Find the Breakeven revenue
If profit had been Birr 500,000 what would have been the ale volume (revenue) and the quantity of ale. What would be the profit if ale were Birr 2,000,000?
To develop the revenue function, we can use the information provided about the sale and the selling price. The revenue can be calculated as the product of the sale and the selling price.
In this case, the revenue function would be:
Revenue = Sale * Selling Price
= 25,000 * 100 Birr/unit
= 2,500,000 Birr
To develop the cost function, we can use the information provided about the total variable cost (TVC) and the total fixed cost (TFC). The cost function would be:
Cost = TVC + TFC
= 1,500,000 Birr + 350,000 Birr
= 1,850,000 Birr
To find the profit, we can subtract the cost from the revenue. The profit function would be:
Profit = Revenue - Cost
= 2,500,000 Birr - 1,850,000 Birr
= 650,000 Birr
To find the breakeven point in terms of quantity, we need to find the point at which the cost and the revenue are equal. This can be done by setting the profit function equal to zero and solving for the quantity.
Profit = 0 = Revenue - Cost
= 2,500,000 Birr - 1,850,000 Birr
= 650,000 Birr
At this point, the cost and the revenue are equal, so the breakeven point in terms of quantity is 25,000 units.
To convert the cost equation in terms of quantity into a cost equation in terms of revenue, we can use the revenue function to express the quantity in terms of revenue. The cost function would then be:
Cost = TVC + TFC
= 1,500,000 Birr + 350,000 Birr
= 1,850,000 Birr
To find the breakeven revenue, we can set the profit function equal to zero and solve for the revenue.
Profit = 0 = Revenue - Cost
= Revenue - (TVC + TFC)
= Revenue - 1,850,000 Birr
At this point, the cost and the revenue are equal, so the breakeven revenue is 1,850,000 Birr.
If the profit had been 500,000 Birr, we can use the profit function to solve for the sale and the revenue.
Profit = 500,000 Birr = Revenue - Cost
= Revenue - (TVC + TFC)
= Revenue - 1,850,000 Birr
Solving for the revenue, we get:
Revenue = Profit + Cost
= 500,000 Birr + 1,850,000 Birr
= 2,350,000 Birr
Then, using the revenue function to solve for the sale, we get:
Revenue = Sale * Selling Price
= 2,350,000 Birr / 100 Birr/unit
= 23,500 units
If the revenue had been 2,000,000 Birr, we can use the revenue function to solve for the sale and then use the profit function to solve for the profit.
Sale = Revenue / Selling Price
= 2,000,000 Birr / 100 Birr/unit
= 20,000 units
Profit = Revenue - Cost
= 2,000,000 Birr - (TVC + TFC)
= 2,000,000 Birr - 1,850,000 Birr
= 150,000 Birr
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japanese companies often adopt a strategy that is part collaboration, part purchasing from a few suppliers, and part vertical integration. this approach is called
japanese companies often adopt a strategy that is part collaboration, part purchasing from a few suppliers, and part vertical integration. this approach is called vertical keiretsu.
Major Japanese corporations are organized according to a system known as keiretsu, which is rooted in custom and ties. The keiretsu organizational structure's origins may be traced all the way back to the 1600s and far into the 19th century's Industrial Revolution. But it wasn't until after World War II that the keiretsu model was really established and turned into the preeminent partnership network that powers contemporary Japanese business. In this article, we examine the keiretsu system's background, internal organization, its advantages and disadvantages. Although Japan's corporate governance structure stretches back to the 1600s, it was accelerated by the newly established Meiji Restoration by the Japanese government in 1866 as the Industrial Revolution got underway.
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if the short-run macroeconomic equilibrium occurs in the upward-sloping range of the short-run aggregate supply curve, then an increase in government spending will lead to:
Recession will result from an increase in government expenditure if the short-run macroeconomic equilibrium is within the upward-sloping region of the short-run aggregate supply curve.
Recessions are defined as severe, widespread, and sustained drops in economic activity. Although it is commonly agreed that two consecutive quarters of negative gross domestic product (GDP) growth signal a recession, many people employ more complex criteria to ascertain whether the economy is in a slump. Recessions, which are contractions of the business cycle in economics, occur when there is a general decline in economic activity. When consumer spending declines sharply across the board, recessions frequently begin. These include a financial crisis, a shock to international trade, a poor supply shock, the deflation of an economic bubble, or a large anthropogenic or natural calamity.
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question content area top part 1 the personal distribution of income in the united states shows that question content area bottom part 1 a. the poorest 20 percent of individuals receive approximately 20 percent of total income. b. the richest 20 percent of individuals receive approximately 50 percent of total income. c. income is equally distributed. d. the richest 20 percent of individuals receive approximately 25 percent of total income. e. the poorest 60 percent of individuals receive approximately 50 percent of total income.
Option A is correct answer. The poorest 20 percentage of folks acquire about 20 percentage of total income.
“Personal distribution (or: the 'size distribution of income') relates to man or woman men and women and their incomes. The way in which that earnings was once received frequently stays in the background. What matters is how lots any one earns, no longer so an awful lot whether that profits consists of wage, interest, profit, pension or whatever.
How do you calculate private distribution of income?One common way of measuring earnings inequality is to rank all households with the aid of income, from lowest to highest, and then to divide all households into 5 businesses with equal numbers of people, recognised as quintiles. This calculation permits for measuring the distribution of income amongst the 5 corporations compared to the total.
When people say things such as “the prosperous get richer, and the poor get poorer,” they are referring to distribution of income.
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https://brainly.com/question/8325317#SPJ4Consider two independent firms, bu1 and bu2, which initially transact with each other through spot market transactions in a competitive market. In a typical year, bu1 incurs total costs of $2 million in producing goods that bu2 buys. Bu2 would be willing to pay $7. 5 million for these goods. The two businesses then decide to enter into an exclusive long-term contract. Due to lower sales and marketing expenses, the total costs incurred by bu1 under the long-term contract fall to $1. 5 million. The better product quality resulting from closer cooperation between the two businesses increases the amount bu2 is willing to pay to $9 million. What is the synergy created by the exclusive long-term contract?.
According to the information provided, BU1 has earned $3 million from these deals.
What is a private company?A reputable law or accounting firm is referred to as an independent firm; however, this phrase does not include any accounting firms that currently perform or have previously performed audit services with regard to Distributing or Controlled.
The worth that the seller has realized (BU1)Seller value is equal to BU1's asking price less the price at which he sold.
Calculation:Value BU1 is prepared to sell for $5 million.
At $2 million, he sold for,
Let's enter the formula.
Selling price: $5 million minus $2 million
Value at sale: $3 million
Inconclusion $3 million is the value that BU1 has gained from these deals.
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a portfolio consists of $16,200 in stock m and $25,900 invested in stock n. the expected return on these stocks is 9.40 percent and 13.10 percent, respectively. what is the expected return on the portfolio?
The portfolio consists of $16,200 invested in Stock M and $25,900 invested in Stock N. The expected returns in these stocks are 9.40 percent and 13.10 percent respectively. The expected return on the portfolio is 11.68%.
Value of Stock M = $16200
Value of stock N = $25200.
Return on stock M = 9.40%. of the value of stock
Return on Stock N = 13.10% of the value of stock
Return on portfolio
= (Return on Stock M + Return on Stock N/Value of stock M + Value of stock N) x 100
= ($16200 x 9.40% + $25200 x13. 10/$16200 + $25900) x 100
= 11.68%
So portfolio return is 11.68%.
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the revenue a property is expected to generate after adjusting for operating expenses but before providing for debt service or income tax consequences is:'
The revenue a property is expected to have after adjusting for operating expenses but before providing for debt service or income tax consequences is net operating income.
Real estate assets that generate money are evaluated for profitability using a metric known as net operating income (NOI). NOI is calculated as total property income less all regarded reasonable operating expenses.
NOI is a before-tax figure that does not take into account loan principal and interest payments, capital expenses, depreciation, or amortization on a property's income and cash flow statement. The calculation above indicates that the bulk of NOI is comprised of total revenues and total operating expenses. The entire earnings from a piece of real estate comprise all sources of income, not only rent.
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your organization plans to migrate its on-premises virtual machines (vms) to azure. you need to generate a cost estimate to give to the corporate procurement department. where should you go to generate the cost estimate?
To generate a cost estimate for migrating on-premises virtual machines (VMs) to Azure, you can use the Azure Pricing Calculator.
What is meant by the Azure Pricing Calculator?The Azure Pricing Calculator is a tool provided by Microsoft that allows you to estimate the cost of using Azure services. It allows you to select the specific Azure services you plan to use, input your desired configuration and usage details, and see an estimated cost for your workload.
The Azure Pricing Calculator will provide you with an estimated cost for your workload, which you can use to provide a cost estimate to the corporate procurement department. It's important to note that the actual cost may vary based on your actual usage and any changes to Azure pricing or service offerings.
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with subcontracting, a manufacturer can lose some control over what? check all that apply. multiple select question. price schedule inventory levels quality
With subcontracting, a manufacturer can lose some control over:
B. ScheduleE. QualityWhat does subcontract mean?A subcontractor, the person who is involved in subcontract is the individual or business that signs a contract to perform part or all of the obligations of another's contract.
The role of subcontractor is to execute the job they are hired by the contractor for. It is a specialized job such as electrical or HVAC and it is the subcontractor's responsibility to execute the work as instructed.
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a sudden storm threatens the property of marina bay llc. ngoc, marina bay’s sales agent, is on site but lacks the express or implied authority to bind the firm to the cost of appropriate protective measures. unable to communicate with marina bay, ngoca. has emergency powers to deal with the situationb. must await the principal’s express ratification to actc. an imply a power of attorney to assume the needed authority
The sales agent has emergency powers to deal with the situation.
The person in charge of settling disputes between a business and potential consumers is the sales agent. This is essential for promoting the brand's products through persuasion, negotiation, and communication strategies. An agent may be held liable for contract violations if they don't carry out their duties. Because there is no contract, a gratuitous agent can only be held liable for torts because there is no contract for them to be held accountable for.
In the given case, if a sudden storm threatens the company's property and the sales agent is the only professional there, he can act quickly to set up security measures to stop further damage to the site in circumstances similar to the one that occurred. He then has all the emergency powers to deal with the situation.
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what two factors can affect a company's hrm policies when doing business in another country? multiple select question. preference for personal selling labor laws availability of mass media cultural practices
The two factors that can affect the HRM policies of a company when doing business in another country are:
B. labor lawsD. cultural practicesHow can being in another country affect HRM policies ?Other countries have rules and laws that might be different from the laws in a company's home nation, which means that the company will have to act differently in that country.
One way that the company will have to act differently is in the area of HRM policies. Labor laws might be different which would mean that HRM policies need to change. Cultural practices will also need to be taken into account.
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Answer: labor laws and cultural practices
Explanation:
acquisitions of competitors can be an effective way to gain economies of scale that can lead to lower costs and, subsequently, lower prices. true or false?
Acquisitions of competitors can be a successful strategy for achieving economies of scale, which can result in lower expenses and, ultimately, cheaper pricing. This statement is true.
What exactly is competitor acquisition? Acquisition of a Third Party or a portion of its operations by a Third Party (whether through a merger, stock purchase, or asset purchase) that is already running one or more competing programmes involving one or more candidate targets is referred to as a competing acquisition.An acquisition procedure that is intended to facilitate an unbiased and thorough review of offerors' bids and ultimately result in the selection of the proposal offering the best value to the contracting agency is known as a competitive acquisition.Is acquisition a competitive advantage?Greater financial sturdiness results from mergers and acquisitions for both parties engaged in the deal. Increased economic clout can result in more market share, increased customer sway and diminished competition danger.
Acquisitions of competitors can be a successful strategy for achieving economies of scale, which can result in lower expenses and, ultimately, cheaper pricing. This statement is true.
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the price at which an option may be exercised is called the question content area bottom part 1 a. fixed price b. strike price
The price at which an option may be exercised is called the question content area bottom part the correct option is fixed price.
The starting price is the price at which an asset trades when the market position opens, which is normally at the start of the day. This price is not fixed, thus it might change on different days. The spot price and market price, respectively, are the prices that are currently ruling the market.
This is the current market price at which the asset may be sold or purchased. The price at which an investor can take action and submit a claim at any time when their position in the market enables them to profit is known as the exercise price. This is the price of the underlying contract.
complete question:
the price at which an option may be exercised is called the question content area bottom part 1
a. fixed price
b. strike price
c. exercise price.
d. opening price
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if there is not an agreed-on-decision-making method, a person is dealing with ________.
If there is not an agreed-on-decision-making method, a person is dealing with unstructured decision process .
What is unstructured decision process ?Unstructured decision-making is a dynamic process where a person must come up with a solution on their own when none is offered or available. An individual may not have preferences or be aware of the best course of action when faced with this kind of dilemma. Little research has been done to analyze whether decision makers construct an alternative as opposed to choosing from ones that already exist.
Dealing with a labor issue or establishing guidelines for the adoption of new technology are two examples of unstructured decisions.
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in the open-economy macroeconomic model, the key determinant of net capital outflow is the:_______
The real interest rate is a crucial factor in determining net capital outflow in the open-economy macroeconomic model.
Define real interest rate.Real interest rates are interest rates that have been adjusted to reflect inflation. Once updated, it now accurately depicts the borrower's true borrowing costs as well as the lender's or investment's actual yield. Real interest rates depict the rate at which current items are gradually preferred over future ones.
A country's net capital outflow, which occurs over a certain time period, is the total amount of money it invests abroad. A high NCO means that the country invests more outside than domestically.
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suppose a monopolistically competitive firm sells 25 units at a price of $10. calculate its marginal revenue per unit of output if it sells 5 more units of output when it reduced its price to $9.
Suppose a monopolistically competitive firm sells 25 units at a price of $10. its marginal revenue per unit of output if it sells 5 more units of output is :$4.
How to find the marginal revenue?First step is to find the monopolistically competitive firm selling price
Selling price = 25 units ×$10
Selling price = $250
Second step is to find the selling price for additional more units
Selling price = (25 units+5 units) ×$9
Selling price = $30 ×$9
Selling price = $270
Third step is to find the decrease in price
Decrease in price = $270 - $250
Decrease in price = $20
Now let find the marginal revenue per unit of output
Marginal revenue = $20 /5 units of output
Marginal revenue = $4
Therefore the marginal revenue per unit of output is $4.
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if marketable securities increase, then cash should usually decrease by a similar amount, since cash was probably used to purchase the securities. an exception to this occurs when:
If marketable securities increase, then cash should usually decrease by a similar amount, since cash was probably used to purchase the securities. An exception to this occurs when the company incurred debt or traded an asset for the securities.
Marketable securities are easily and affordably convertible into cash. They are highly liquid financial products. Marketable securities are liquid since they typically have maturities of less than one year and little impact on prices from the rates at at which they can be bought or sold.
These publicly traded stock exchanges and public bond exchanges are where these short-term liquid securities can be purchased or sold. These instruments, which can be either debt or equity, often mature in a year or less. Common stock, Treasury notes, and money market instruments are only a few examples of marketable securities.
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FILL IN THE BLANK. when a nation imports a good, its ________ surplus increases and its ________ surplus increases.
When imports are made by a nation, it results in an increase in the total surplus and the consumer surplus increases.
Imports refer to purchase of goods from foreign producers operating in foreign countries. Imports result in an increase in the consumer surplus because consumers are able to get better quality products at lower prices. They do not have to purchase high priced low quality products from the domestic market. This causes an increase in the total market surplus as well. Hence, imports result in an increase in both total surplus as well as the consumer surplus.
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If animals have value only in so far as they are useful for humans, then they have only instrumental, not intrinsic, value.
A. True
B. False
Answer:
A. True is the correct answer.
Explanation:
true or false: an individual 401(k) is a popular retirement plan for sole proprietorships with several employees. true false question. true
The statement given is true. An individual 401(k) is a popular retirement plan for sole proprietorships with several employees.
What is the 401(k)?A 401(k) is a defined contribution plan where an employee can make contributions from his or her paycheck either before or after tax, depending on the options offered in the plan. The contributions go into a 401(k) account, with the employee often choosing the investments based on options provided under the plan.
With a 401(k), an employee sets a percentage of their income to be automatically taken out of each paycheck and invested in their account. For example, a 401(k) plan might provide that the employer will contribute 50 cents for each dollar which participating employees choose to defer under the plan.
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when sold a property that had been on the market for a considerable length of time, gave her a commission bonus. what type of power was using?
When sold a property that had been on the market for a considerable length of time, gave her a commission bonus, the type of power used here is reward.
What would you say is a market?A market is defined as the total number of purchasers and sellers in the region or area under examination. The region can represent the entire planet, as well as certain states, provinces, or cities. Items traded are valued, costed, and priced in accordance with market forces of supply and demand.
What dominates the market?When a firm or investor outperforms the industry average, they are said to be "beating the market." A market participant who manages an investment portfolio may have managed a return over a set time period, such as a year, that is higher than the returns of a market benchmark like the S&P 500.
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for music produced for commercials, what party is responsible for filing work reports with labor unions and coordinating with a third-party payroll service?
For the music produced for commercials, an Advertising agency is responsible for filing work reports
Advertising is a promotional activity that aims to sell products or services to the audience. Advertising agencies are responsible for initiating, managing, and implementing paid marketing communications.
The role of Advertising Agencies includes:
(a) Creating an advertisement based on information gathered about the product
(b) Researching the company and the product and reactions of the customers.
(c) Planning for the type of media to be used, when and where to be used, and for how much time to be used.
(d) Taking the feedback from the clients as well as the customers and then deciding the further line of action.
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select all of the following statements that are true four years from now, in the year 2025. a. the trift segment will demand 7.738 thousands unitsb. the core segment will demand 9.768 thousands unitsc. the nano segment will demand 5.402 thousands unitsd. the elite segment will demand 5.867 thousands units
The true statements are Option A (The Thrift segment will demand 7,738 thousand units) and Option B (The Core segment will demand 9,768 thousand units) are correct.
What is meant by Demand?
Demand is the number of items needed by individuals at a specific price. The demand in the market depends on many factors like the taste of the consumer, income level, and technology.
Here we need to identify the true statement for the four years from now, in the year 2025.
As we know that, the thrift segment is the sector which has a positive impact on society and the main objective is to help the society in many ways. So, thrift stores are very popular and have a good image in society, which creates more demand for these types of stores. And we also know that the donated items are sold mainly in these stores. So it is predicted four years before that thrift segment will be more in demand.
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suppose you are short 50 contracts on a 2-year 50-delta call option on tsla and long 25 contracts on tsla stock. how much will your option position increase in value if tsla stock price goes up by $1 (use negative number if value decreases).
If you are short 50 contracts on a 2-year 50-delta call option on TSLA and long 25 contracts on TSLA stock, the overall effect on your position will depend on the current stock price and the terms of the options.
The delta call option of a stock is a measure of how much the option's price is expected to change in response to a change in the price of the underlying asset. A call option with a delta of 50 will typically increase in value by approximately half as much as the underlying stock when the stock price goes up by $1. Therefore, if the stock price goes up by $1, your option position will increase in value by approximately 50 * $1 / 2 = $25.
However, this is just a rough estimate and the actual impact on your position may be different depending on the current stock price and other factors. To get a more accurate calculation, you would need to take into account the current stock price, the strike price of the options, the time remaining until expiration, the implied volatility of the options, and any other relevant factors.
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giso applies for a job with a company with 30 employees. the employer does not hire him because of his ethnicity, or national origin. this is
The employer does not hire him because of his ethnicity, or national origin this is called Disparate Treatment Discrimination.
Discrimination is the unfair treatment of people and groups based on points such as race, gender, age, or sexual orientation. Disparate Treatment Discrimination in simple terms is illegal employment discrimination.
In other words, the employee must show that he or she was treated differently than other employees who don't share the same characteristic. During court hearings, the arguments are usually over how similarly the other employees were compared and whether the employer's decision was made because of the employee's protected characteristic or for other reasons.
We see this a lot mainly in foreign countries, sometimes people get rejected for a job just because they are from a particular country or a gender.
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a corporation has hired george to speak on its behalf about the h-1b visas and influence legislation in its favor. george is a(n) .
A corporation has hired george to speak on its behalf about the h-1b visas and influence legislation in its favor. george is an example of a lobbyist.
A lobbyist is a person who works for a company or independently, and whose job it is to persuade lawmakers to pass legislation that will benefit them or the company they represent.
Because they represent a wide range of interests and not everyone supports them, lobbyists are contentious. For instance, it goes without saying that many environmentalists find it contentious when lobbyists for forestry firms are involved. However, as long as a lobbyist does not engage in acts of corruption, lobbying is not against the law (for example, offering money to a member of congress in exchange for favorable legislation).
George, in this instance, works as a lobbyist. He has been hired by a company to testify in favor of H1-B visas and influence legislation in its favor, most likely because the company benefits from them somehow, most likely through cheaper labor costs or access to highly skilled workers.
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norm and quinn have been arguing over role responsibilities. the atmosphere in their small office is increasingly negative and tense. petra, a manager from another department, informally urges them to deal directly with each other in a positive and constructive manner. this easy form of adr is
Norm and Quinn have been arguing over role responsibilities. The atmosphere in their small office is increasingly negative and tense. Petra, a manager from another department, informally urges them to deal directly with each other positively and constructively. This easy form of ADR is facilitation.
Facilitation is a type of alternate dispute resolution (ADR). Alternate dispute resolution allows the dispute to be solved without any legal intervention. There are four types of alternate dispute resolution, namely, facilitation, meditation, arbitration, and early neutral evaluation.
Facilitation involves a third party solving the dispute, completing a task, or finalizing an agreement between the arguing parties. The third-party facilitates the process without telling what to do. The facilitator gives various perspectives on a problem to make a clear decision. Petra is acting as a facilitator here.
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suzanne brett wants to borrow $55,000 from the bank. the interest rate is 6.5% and the term is for 5 years. what is the total amount of interest paid at the end of the term? responses
With an annual simple interest rate of 6.5% for 5 years, the total interest that Suzanne Brett has to pay at the end of the term is $17,875
A simple interest rate is a payment of interest calculated based on the initial principal or capital borrowed multiplied by the interest rate in decimal and the time (in years). In order to find the total interest amount for 5 years from the initial principal borrowed of $55,000 with a 6.5% annual interest, we will calculate it using the following formula:
Given that
I = total interest amount
P = Principal borrowed
r = rate in decimal (6.5% in decimal is 0.065)
t = time in years
I = (P)(r)(t)
I = (55,000)(0.065)(5)
I = 17,875
Therefore the total interest that Suzanne Brett has to pay for a 5 year loan is $17,875
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monthly delivery rate for a part supplied to an automotive assembly plant is 15,000 pc. there are 20 working days in february and 22 working days in march. the effective operating time of the plant is 880 min per day (two shifts). the fraction defect rate for the component is 0.020, and the automated machine that produces the part has an availability of 95%. determine the takt time for this part during (a) february and (b) march.
The takt time for this part after being calculated is 1.125 minutes.
Takt time is the rate at which a product must be completed in order to meet customer demand. It is derived from the German word "Takt," which means "beat" or "pulse" in music. Takt is an important measure of output against demand in manufacturing.
Takt Time is calculated by dividing Available Production Time by Customer Demand. Takt time is the amount of production time available to you to make each part in order to meet customer demand. To meet demand, for example, if you receive a new product order every 4 hours, your team must complete a product in 4 hours or less. Takt time is your sell rate and can be thought of as the heartbeat of your business.
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describe each type of organizational change enabled by information technology. give an example of each type of change, as it might be illustrated through the operations of a hotel.
Information technology enables four different types of organizational change: automation, rationalisation, business process reform, and paradigm shifts.
The most frequent organizational change is automation. It entails the initial applications that help workers execute more successfully and efficiently. Rationalization includes simplifying operational standards. Processes would be quicker since fewer manual stages would be needed. Business process redesign entails the analysis, simplification, and redesign of business processes.
To get rid of tedious activities, this modifies and combines previous procedures. Redesigning a firm is analogous to a paradigm shift. It provides a platform for reconsidering the nature of the company and organisation. These two are more challenging to accomplish since this kind of change requires careful planning. One example of automation at a hotel is providing front desk personnel with immediate access.
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