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John Kotter identified an 8-stage process to produce successful change, including ________.
Fixed Costs
Overhead expenses that remain consistent regardless of changes in the level of production or sales activities.
Relevant Range of Operations
The range of activity within which the assumptions about variable and fixed cost behavior are valid, used for budgeting and planning purposes.
Break-even Level
The point at which total revenue equals total costs, resulting in no profit or loss, and is crucial for assessing financial viability.
Break-even Point
The point at which total costs and total revenues are equal, resulting in no net gain or loss.
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