Olivia's Organization Is Undergoing a Major Change

question 76

Multiple Choice

Olivia's organization is undergoing a major change.She was resistant at first but over time came to see the value in the change.However, her co-worker Mika was at first supportive of the change but became resistant over time.How would you describe Olivia's and Mika's reactions to change?

• A)Olivia is a champion and Mika is a convert.
• B)Olivia is a champion and Mika is a defector.
• C)Olivia is a convert and Mika is a doubter.
• D)Olivia is a champion and Mika is a doubter.
• E)Olivia is a convert and Mika is a defector.

---

Definitions:

Put Option

An economic arrangement allowing the holder the option, without being compelled, to sell a designated quantity of an underlying asset at an agreed-upon price within a defined period.

Exercise Price

The price at which the holder of an options contract may buy (in the case of a call) or sell (in the case of a put) the relevant security or commodity.

Expiration Date

In finance, the date at which a derivative contract such as an option or futures agreement ceases to exist.

Tax-Exempt Bonds

Bonds issued by government entities that offer interest payments not subject to federal income tax, and in some cases, state and local taxes.