The Major Incentive for Cost Minimization Is the

question 26

Multiple Choice

The major incentive for cost minimization is the

• A)power of shareholders in the company.
• B)fear of top management by workers.
• C)discipline imposed by the market system.
• D)impact on U.S.corporations of taxing by the government.

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Definitions:

Force Field Analysis

A tool developed by Kurt Lewin, used to analyze the forces for and against a change, helping in the identification of factors that could be strengthened or reduced to support the achievement of a goal.

Force Field Model

A framework proposed by Kurt Lewin to analyze the factors (forces) that influence the change process, with forces aiding change termed as driving forces and those opposing as restraining forces.

Restraining Forces

Factors that hinder or limit the process of change within an organization or individual's behavior.

Changed Behaviors

Modifications or adjustments in one's actions or reactions as a result of experiences or interventions.