All of the Following Are Strategies That Leaders Can Use

question 129

Multiple Choice

All of the following are strategies that leaders can use to effectively manage change EXCEPT:

• A) keep the process transparent.
• B) have a plan for dealing with resistance.
• C) stay the course in spite of perceived difficulties.
• D) form a coalition of supporters and experts in the field before implementing the change process.

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Definitions:

Annual Interest Rate

The percentage of principal charged by the lender for the use of its money expressed as an annual rate.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.

Discount Rate

The interest rate that a central bank charges financial institutions for short-term loans, or the rate used in discounted cash flow analysis to determine the present value of future cash flows.

Present Value of Annuity

The current worth of a series of cash flows generated by an annuity, calculated using a particular rate of return or discount rate.