Which of the Following Statements Is True Regarding Performance and Organizational

question 57

Multiple Choice

Which of the following statements is true regarding performance and organizational change?

• A)More successful firms find it easier to change than those performing poorly.
• B)'Nothing fails like success' is a saying with little accuracy when it comes to organizational change.
• C)Change in upper level management is a motivator for organizational level change.
• D)Successful companies often have special practices in place to keep the organization working toward the status quo.

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Definitions:

Innovation

The process of creating new products, services, or processes, which can drive economic growth and improve quality of life.

Efficient Level

The point at which a system or operation is performing at its maximum potential without wasting resources.

Megawatts

A unit of power measurement equal to one million watts, commonly used to express the output of large power plants or the amount of electrical energy used by large entities.

Consumer Surplus

The difference between the total amount consumers are willing and able to pay for a good or service and the total amount they actually do pay.