According to the Text, Which of the Following Is NOT

question 2

Multiple Choice

According to the text, which of the following is NOT a reason that the contingency approaches still remain less prevalent than the "one-best way" change management approaches.

• A) Contingency approaches are more ambiguous and require greater choice and decisions by managers about what type of change situation they are facing and therefore which avenue to pursue
• B) Contingency approaches may be less attractive in practice to senior managers who lack the skills to adopt differing modes of leading, depending upon the particular change circumstances
• C) Employing differing styles of change leadership may raise questions about credibility or sincerity with which staff view senior management actions, adopting different behaviors at different times, sometimes participative and sometimes directive
• D) Contingency approaches are often seen as futile because the end result will usually be the same regardless of the methodology and/or practices utilized by upper management

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Definitions:

Fair Value

A measurement of the price at which an asset could be bought or sold, or a liability settled, in a current transaction between willing participants in the market.

Economic Life

The estimated period over which an asset is expected to be economically usable by one or more users, with profitability considered.

Residual Value

The estimated value that an asset will realize upon the end of its useful life, often used in calculating depreciation.

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.