Effective Change Management Requires That Managers

question 5

Multiple Choice

Effective change management requires that managers:

• A) focus on management innovation.
• B) identify performance gaps by routinely assessing operational activities and performance.
• C) delegate supervision of change management to staff.
• D) resist change and focus on the status quo.
• E) None of these is correct.

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or during the normal operating cycle.

Long-term Investments

Assets held as investments that a company intends to hold for more than one accounting period.

Plant Assets

Long-term tangible assets used in the production process, including machinery, buildings, and equipment, which are subject to depreciation.

Current Ratio

A financial metric assessing a firm’s capacity to settle its current liabilities using its current assets.