In Implementing New Technology, the Change Agent Should

question 35

Multiple Choice

In implementing new technology, the change agent should:

• A) be alert to resistance.
• B) continually gather and process information relating to the change.
• C) be willing to customise the new technology to best meet the needs of the local situation.
• D) All of the options listed
• E) None of the options listed

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Definitions:

Differentiation Strategy

A business approach where a company develops unique products or services to stand out from competitors.

Premium Prices

Prices that are higher than the average, often charged for goods and services considered to be of higher quality or uniqueness.

Accounts Receivable Turnover Calculation

A financial ratio that measures how efficiently a company collects revenue from its credit sales by dividing total net sales by the average accounts receivable during a period.

Credit Sales

Sales transactions where the customer is allowed to purchase goods or services on account, paying the seller at a later date.