Most Employees Are Excited When Change Occurs in an Organization

question 177

True/False

Most employees are excited when change occurs in an organization because they view the change as beneficial for the whole organization.

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Definitions:

Foregone

Something missed or given up, often used in the context of opportunities or profits that were not realized.

Prime Rate

The interest rate that commercial banks charge their most credit-worthy customers, often used as a reference rate for various loans.

Revolving Credit

A credit facility that allows a company or individual to borrow up to a pre-approved limit, pay it back, and borrow again.

Commitment Fee

A fee charged by a lender to a borrower for an unused credit line or undisbursed loan.