The Textbook Describes Several Strategies to Initiate Change

question 74

Multiple Choice

The textbook describes several strategies to initiate change. Which two of these strategies should be applied when every other strategy has failed?

• A)Coercion and negotiation
• B)Stress management and employee involvement
• C)Coercion and stress management
• D)Communication and negotiation
• E)Learning and communication

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Definitions:

Silver Futures

Contracts for the future delivery of silver at a price agreed upon today, used for hedging and speculative trading.

Contract

A legally binding agreement between two or more parties that defines and governs the rights and duties of the parties to the agreement.

S&P 500 Index

An American stock market index based on the market capitalizations of 500 large companies listed on stock exchanges in the United States.

Futures Contract

A formal contract that obligates a purchase or sale of an item at an agreed price on a future date.