The Supervisor of the Printing Shop Has Just Announced That

question 39

Multiple Choice

The supervisor of the printing shop has just announced that the company will buy new machines to replace the old ones. The word through the grapevine is that workers are not very receptive to this change because they believe new machines will need fewer operators. You have just returned from a workshop on change and resistance to change. Which of the following best describes the reason for resisting this change?

• A) threat to one's self interest
• B) uncertainty
• C) lack of confidence that change will succeed
• D) lack of conviction that change is necessary
• E) distrust of leadership
• F) threat to personal values
• G) fear of being manipulated

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Definitions:

Significant Influence Investments

Investments where the investor has the power to participate in the financial and operating policy decisions of the investee but does not control or jointly control the entity.

IFRS 9

Financial Instruments, a segment of the International Financial Reporting Standards that addresses the accounting for financial instruments, providing guidance on classification, measurement, impairment, and hedging.

Unrealized Gains And Losses

Increases or decreases in the value of investments or other assets that are not yet sold, thus not officially recorded as income or loss.

Equity Investments

Investments in shares of other companies that grant the holder ownership interests or stakes in the entities.