One of the Most Difficult Management Challenges Today Is Managing

question 52

Multiple Choice

One of the most difficult management challenges today is managing change. This is because:

• A) change requires cooperation and an awareness of a need for change.
• B) change requires a lot of bail-out money from the government.
• C) change requires decentralization of decision making.
• D) change will invariably result in an inverted organization and management does not want to relinquish its position power in order to make that happen.

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Definitions:

Participate

To take part in or become involved in an activity, event, or process.

Board Meetings

Gatherings of a board of directors or trustees of an organization to discuss and make decisions on the organization's affairs.

Inspect Corporate Books

The act of reviewing and examining the official records and accounts of a corporation.

Ownership

The state or fact of having legal possession and control over property, conferring rights such as use and the ability to transfer or sell it.