Beth's Bracelets Has Proposed Some Major Structural Changes Within Their

question 101

Multiple Choice

Beth's Bracelets has proposed some major structural changes within their organization. Some of the employees fear that they will lose power with the changes. They begin voicing resistance to the changes. What barrier to change are they exhibiting?

• A) Disagreements about the benefits
• B) Self interests
• C) A lack of understanding and trust
• D) Uncertainty
• E) Goals and rewards

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Definitions:

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure a debt or loan, affording the lender a right to repossession if the debtor defaults.

Debtor's Property

Assets owned by an individual or entity (debtor) that owe money to creditors, which may be subject to claims or liens.

Debtor Defaults

Occurs when a debtor fails to meet the legal obligation of debt repayment, potentially leading to legal action or loss of collateral.

Repossesses Collateral

The act of taking back possession of property used as collateral in a loan agreement, typically after a default by the borrower.