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According to the Three-Step Description of the Change Process,successful Change

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According to the three-step description of the change process,successful change requires unfreezing the status quo,changing to a new state,and refreezing the new change to make it permanent.


Definitions:

Expected Return

The weighted average of the probable returns of an investment, calculated based on past performance or statistical analyses.

Market Risk Premium

The additional return expected from holding a risky market portfolio over a risk-free asset.

Beta

An indicator of how volatile a stock is compared to the general market, where a beta greater than 1 signifies volatility above the market average.

Risk Averse

A term describing investors or consumers who prefer lower risk and are willing to accept lower returns in exchange for increased certainty or safety.

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