Which of the Following Statements Does NOT Accurately Describe the Process

question 58

Multiple Choice

Which of the following statements does NOT accurately describe the process of managing planned change?

• A) Managers and change agents need to deal with people's tendencies to resist change.
• B) People may not want to change even when conditions require it.
• C) Human nature always stands at the heart of change being a complicated phenomenon.
• D) People do not act habitually; more often than not, they act in random and erratic ways.
• E) Change is a complicated phenomenon in any setting.

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, reflecting what the asset can be sold for or its scrap value.

Capital Lease

A lease agreement in which the lessee records the leased asset as an asset in its balance sheet, and the lease payment obligations as liabilities.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term for an amount equal to the lease payments.

Implicit Interest Rate

The rate of interest implied in the lease payments or in other financial arrangements, not explicitly stated.