When People Think a Change Will Cause Them to Lose

question 103

Multiple Choice

When people think a change will cause them to lose something of value, this may bring about resistance to change motivated by

• A)misunderstanding.
• B)management tactics.
• C)self-interest.
• D)surprise.
• E)different assessments.

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Definitions:

Financial Projections

Estimates of a company's future financial performance, including income statements, balance sheets, and cash flow statements, over a specific time period.

Feasibility Study

An analysis that assesses the practicality and potential success of a proposed venture or project, considering factors like market viability, financial stability, and technical resources.

Feasibility Study

An analysis or assessment conducted to determine the viability or likelihood of success of a proposed project or venture.

Business Plan

A detailed document outlining the objectives, strategies, financial forecasts, and market analysis of a business.