Which Is MOST Likely to Be Effective for Implementing Major

question 14

Multiple Choice

Which is MOST likely to be effective for implementing major change?

• A) Make followers feel responsible for failure of the old strategy.
• B) Provide opportunities to experience early success in implementing change.
• C) Emphasize the obstacles so followers will not become complacent.
• D) Maintain control over sensitive information about new problems.

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Definitions:

Final Outcome

The ultimate result or conclusion reached after a series of events or processes.

Hard Rationing

A situation in which companies cannot obtain funds for projects through internal sources and external financial markets are unwilling or unable to lend.

Net Present Values

A method of evaluating the profitability of an investment by calculating the present value of all expected future cash flows minus the initial investment cost.

Capital Budgeting

Capital budgeting is the process a business undertakes to evaluate potential major projects or investments, analyzing the profitability and risk to decide whether they should proceed.