With Respect to Managing Change, Management Should Consider Resistance to Change

question 107

Multiple Choice

With respect to managing change, management should consider resistance to change as

• A) something to be overcome as quickly as possible.
• B) a signal to examine the advantages and disadvantages of a change carefully.
• C) something to be avoided.
• D) an opportunity to reinforce their authority.
• E) a commonplace, everyday event and not worry about it.

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Definitions:

Bearer Instrument

A type of negotiable financial instrument that entails payment to whoever holds the document, without requiring the transfer to be recorded, distinguishing it from other securities which are registered to specific owners.

Payable

Refers to an amount of money that is owed by a person or company to a creditor, typically categorized in financial statements as current liabilities.

Possesses

The act of having physical control or ownership of something, indicating a legal relationship between a person and the object being possessed.

Negotiability

The characteristic of a financial instrument that allows it to be transferred or assigned from one party to another, ensuring the receiving party obtains a good title.