When Managing Change, Managers May Use Their Personal Authority to Establish

question 13

Multiple Choice

When managing change, managers may use their personal authority to establish a clear strategy and how the change will occur. What name is used for this style?

• A) Direction
• B) Participation
• C) Education
• D) Intervention
• E) Coercion

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Definitions:

Demand Increase

A situation where the desire for a good or service exceeds the previous level at the current price.

Market Equilibrium

The point at which the quantity demanded by consumers equals the quantity supplied by producers, resulting in no economic pressure to change the price.

Scarce Inputs

Resources or factors of production that are limited in supply, which constrains economic output and allocative efficiency.

Petroleum Production

The process of extracting crude oil from the earth and refining it into usable petroleum products.