How Can Managers Increase the Likelihood of Making Change Happen

question 1

Multiple Choice

How can managers increase the likelihood of making change happen successfully?

• A) focus on how they want to change the organization
• B) observe how competitors are changing
• C) understand the difficult task at hand
• D) increase the role of individual employees

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Definitions:

Sample Space

The complete set of all possible outcomes of a random experiment or the entire range of values that a random variable can assume.

Possible Outcomes

The set of all possible results that can occur from a particular experiment or event.

Experiment

An experiment is a controlled study in which variables are manipulated to determine their effects on other variables.

Relative Frequency Approach

A method for estimating probabilities by dividing the number of observed occurrences of an event by the total number of observations.