One- Off Change May Not Be Possible

question 19

Multiple Choice

One- off change may not be possible. How did change occur in hospitals, according the Denis et al's research summarised in the textbook?

• A) A number of initiatives had to be carried out at the same time.
• B) One initiative had to be completed before another could be started.
• C) One initiative made limited progress, stalled, and then another made further advances.
• D) A maximum of three initiatives made limited progress, were then postponed and re- started some months later.

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Definitions:

Equity Interest

Ownership interest in a company, represented by holding the company's stock.

Sub-subsidiary

A company that is indirectly controlled by a parent company through another subsidiary, essentially being a 'grandchild' in the corporate family hierarchy.

Circular Shareholdings

A corporate structure where companies possess shares in one another in a closed loop, complicating the assessment of true economic ownership and control.

Corporations Act

Legislation that governs the operations of corporations, their formation, financial reporting, governance, and dissolution, often detailing the legal responsibilities of a company’s management and board of directors.