What Change Strategy Involves Giving Orders and Enforcing Those Orders

question 71

Multiple Choice

What change strategy involves giving orders and enforcing those orders?

• A) Self-interest
• B) Educative
• C) Force
• D) Rational
• E) Defusion

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Definitions:

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Loss

The state of experiencing a decrease in financial resources or value, often as a result of a business operation, investment failure, or theft.

Break-even Selling Price

The price at which a product must be sold to cover all associated costs of production without making a profit or a loss.

Discounted Price

The final price of a product after applying a discount to its original price.