During Change an Organization's Managers Must

question 38

Multiple Choice

During change an organization's managers must:

• A) Manage reactively and proactively.
• B) Retract from spending budgets unnecessarily.
• C) Only communicate through formal mechanisms
• D) Manage logically, avoiding following their instincts

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Definitions:

Stock Market Prices

The current price at which a share of a company is bought or sold in the stock market.

Aggregate Demand

The total demand for all goods and services within a particular market over a specific time period.

Aggregate Supply

The total supply of goods and services that firms in an economy plan on selling during a specific time period at prevailing price levels.

Technology Advances

Progress in technology that improves efficiency, creates new products, or enhances the quality of existing products.