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Discuss How Managers Can Introduce and Manage Change from the Top-Down

question 44

Essay

Discuss how managers can introduce and manage change from the top-down and from the bottom-up.


Definitions:

Lessor

The party in a lease agreement who owns the asset or property and grants its use to another party for a specific period, under certain conditions.

Original Buyer

The first individual or entity that purchases a product or service directly from the seller or manufacturer.

Benefit of the Bargain

A principle in contract law that allows a party harmed by a breach to recover the value of what they were promised in the contract.

Rescind

To cancel a contract.

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