Explain the Two Primary Reasons Why Individuals Resist Change

question 7

Essay

Explain the two primary reasons why individuals resist change.

Know the requirements for joining a credit union.

Acknowledge the tools used by the Federal Reserve to regulate money supply and their effects.

Learn about the components of the money supply, such as M1.

Understand the regulatory framework of U.S. financial markets and the role of the federal and state governments.

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Definitions:

Performance Strike Replacements

Workers who are hired to take over the duties of striking employees with the focus on maintaining productivity.

Civil Service Reform Act

Legislation enacted in 1978 to overhaul the federal civil service system, including provisions to increase accountability and improve personnel practices.

Federal Employees

Employees of the federal government of a country, often enjoying different rights and benefits than private sector workers.

Strike

A work stoppage caused by the mass refusal of employees to work, typically to protest against terms of employment, working conditions, or other labor issues.