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The Federal Reserve

question 121

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The Federal Reserve


Definitions:

Unfreezing Phase

The initial step in Lewin's change model, involving the process of realizing the need for change and preparing for it.

Sense of Urgency

A feeling that an action or project requires immediate attention and quick decision-making to exploit opportunities or avoid crises.

Influential Persons

Individuals who have significant impact or authority in decision-making processes or in shaping opinions and behaviors in a community or organization.

Changing Phase

The process of transitioning from one state, condition, or stage to another, often marking a significant shift or transformation.

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