What Can Cause Organizations to Unfreeze, Scan the Environment, and Be

question 345

Multiple Choice

What can cause organizations to unfreeze, scan the environment, and be motivated to change?

• A)Perception of threat
• B)Perception of inertia
• C)Perception of resistance
• D)Perception of threat and inertia
• E)Perception of threat and resistance

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Definitions:

Firm

An organization that produces goods or provides services, usually with the aim of making a profit.

Economic Profit

The difference between the total revenue generated by a business and the total costs, including both explicit and implicit costs.

Minimum Return

The lowest expected or required return on an investment over a specified period.

Long Run

A period of time in which all factors of production and costs are variable, allowing for all adjustments to take place in the analysis of economic conditions.