In Lewin's Change Model, Refreezing Involves Encouraging Individuals to Discard

question 66

True/False

In Lewin's change model, refreezing involves encouraging individuals to discard old behaviors by shaking up the equilibrium state that maintains the status quo.

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Definitions:

Capital Budgeting

The process of planning and managing a company's long-term investments in projects and assets.

What-If Questions

Hypothetical questions used to explore the effects of changes in variables or conditions, often used in planning and decision making.

Forecasting Risk

The possibility of error in projecting future values such as revenues, costs, or stock prices, due to uncertainty about future events.

Initial Investment

Refers to the initial capital outlay or amount of money invested to start a project or investment.