According to David Garvin, in Order to Determine If an Organization

question 9

Multiple Choice

According to David Garvin, in order to determine if an organization is ready to change, it is important to do what first?

• A) Modify its behavior to reflect new knowledge and insights.
• B) Develop a conceptual framework for systems thinking.
• C) Identify a shared vision for the organization.
• D) Assess the organization's culture, leadership, and tolerance for change.

---

Definitions:

Expected Earnings

The forecasted profits of a company, often used by investors to make investment decisions.

Annual Coupon

The annual percentage rate of interest a bond pays, based on its face value.

Debt-Equity Ratio

A financial proportion indicating the use of debt versus equity in the capital structure for asset financing.

Cost of Equity

The return that investors require or expect to earn on their investment in a company's equity to compensate for the risk they undertake.