The Unfreezing, Changing and Refreezing Phases Are All Parts of What

question 14

Multiple Choice

The unfreezing, changing and refreezing phases are all parts of what process?

• A) Negotiation process
• B) Organisation design process
• C) Decision-making process
• D) Conflict resolution process
• E) Planned change process

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Definitions:

Hyperinflation

An extremely high and typically accelerating inflation rate, causing a rapid erosion of currency's real value.

Deflation

A decrease in the general price level of goods and services, often indicating an economic decline.

Consumers

Individuals or groups that purchase or use goods and services generated within the economy.

Retailers

Businesses or individuals engaged in the selling of goods or merchandise directly to consumers, typically in small quantities.