Which of the Following Is NOT True of Evaluating the Success

question 43

Multiple Choice

Which of the following is NOT true of evaluating the success of a change?

• A)Measures can be used to compare how well the organization is performing after the change with how well it was performing before the change
• B)The success depends on whether the change is from the top down or the bottom up
• C)Measures could include profits
• D)Measures could include market share
• E)Benchmarking could be used as a measure of success

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Definitions:

Hobby Shop

A retail store specializing in supplies and materials for various hobbies such as model building, painting, and gaming.

EMV Decision

A decision-making technique based on the calculation of the Expected Monetary Value, used to assess the average outcome of decisions with uncertain elements.

Gross Profits

The difference between the revenue a company receives from its sales and the cost of the goods sold.

Payoff Table

A Payoff Table is a tabular representation of the outcomes, or payoffs, resulting from different decisions or strategies under various conditions or scenarios.