Brad, a Manager, Felt That His Subordinates Needed to Change

question 55

Multiple Choice

Brad, a manager, felt that his subordinates needed to change the way they functioned to enhance performance. He interacted with them and made them aware that their present way of doing things was not effective enough. He tried to ensure that the employees accepted that change was inevitable. On the basis of the given information, it can be concluded that Brad is in the _____ phase of the planned change.

• A) freezing
• B) unfreezing
• C) structuring
• D) refreezing
• E) improvising

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, removing them from the market.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares.

Common Stock

Equity shares issued by a company giving shareholders voting rights and a residual claim on corporate earnings and assets.