The Three Steps in Lewin's Change Model Are

question 9

Multiple Choice

The three steps in Lewin's change model are:

• A)freezing, moving and changing
• B)unfreezing, moving and refreezing
• C)unfreezing, refraining and refreezing
• D)changing, moving and freezing
• E)moving, unfreezing and refreezing

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Definitions:

Negotiable Instrument

A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named or to the bearer.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the law relating to business and commerce across states.

Commercial Paper

Short-term, unsecured promissory notes issued by companies to finance their operations, often with maturities of less than 270 days.

Sum Certain

A specific, fixed amount of money that is clear and unambiguous in a legal agreement or financial transaction.