This Step of the Kotter Model Involves Segmenting Change Processes

question 20

Multiple Choice

This step of the Kotter model involves segmenting change processes into achievable steps.

• A) Step 2.Creating a guiding coalition
• B) Step 1 - Establishing a sense of urgency
• C) Step 3 - Developing a vision and strategy
• D) Step 6.Generating Short-term wins
• E) None of the above answers are correct

---

Definitions:

Payback Cutoff

The maximum acceptable period within which an investment should recover its initial costs, used as a criterion for investment decisions.

Net Present Values

The calculation of the present value of an investment's expected cash flows minus the initial investment cost.

Positive NPV

Refers to a net present value calculation indicating that the projected earnings (discounted back to their present value) exceed the initial investment.

Firm Owners

Individuals or entities that hold an ownership interest in a company, representing their claim on the company's assets and earnings.