To Successfully Create a Climate of Certainty During a Change

question 9

True/False

To successfully create a climate of certainty during a change process, it is important to explain what will change and why, but also to outline what will not change.

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Definitions:

Productivity Of Labor

A measure of economic performance that calculates the output of goods and services produced per unit of labor input.

Human Capital

The combined abilities, expertise, or other non-physical resources that individuals possess, which can generate economic benefits for the individuals themselves, their employers, or the society.

Rate Of Investment

The percentage of return achieved on an investment over a given period of time.

Technological Change

Innovations in technology leading to the creation of new products, improvement in production processes, or increased efficiency in services or operations.