Mansi Inc Is Considering a Project That Has the Following Cash

question 1

Multiple Choice

Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback?

• A) 1.91 years
• B) 2.12 years
• C) 2.36 years
• D) 2.59 years
• E) 2.85 years

Recognize the importance of leadership roles in facilitating organizational change.

Appreciate the significance of individual and organizational readiness for change.

Describe the process and importance of organizational diagnosis in change efforts.

Explain the role of communication and participation in change management.

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Definitions:

Other-Race Effect

An inclination to more effortlessly discern faces of the race one is predominantly exposed to, generally one's own race.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often referred to as the "I-knew-it-all-along" effect.

Scapegoat Theory

A social psychology concept suggesting that individuals or groups often blame someone else for their own problems, leading to feelings of prejudice against that person or group.

Just-World Phenomenon

The cognitive bias to believe that the world is fair and people get what they deserve.