According to Kurt Lewin's Change Model, to Implement Organizational Changes

question 96

True/False

According to Kurt Lewin's change model, to implement organizational changes successfully, managers should ensure that the organizational culture and formal reward systems encourage the old behaviors.

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Definitions:

Price-earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings.

Bonds Payable

A financial accounting term that refers to the bonds a company has issued that must be repaid at a future date.

Earnings Per Share

A company's net profit divided by the number of its outstanding shares, indicating the profitability per share of stock.

Acid-test Ratio

A financial metric that measures a company's ability to pay its current liabilities without relying on the sale of inventory.