Managers Can Overcome Resistance to Change By

question 35

Multiple Choice

Managers can overcome resistance to change by:

• A) not letting employees know about the change.
• B) letting employees know about the change only after it has been successfully implemented.
• C) limiting the involvement of employees in the change process.
• D) minimizing communication during the change process.
• E) announcing the change much in advance.

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Definitions:

Liquid Investments

Assets that can be easily converted into cash with minimal impact on their value.

Biased

Demonstrating or exhibiting unfair or prejudiced perspectives, often leading to partial judgments or decisions.

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, representing the rate at which the net present value of costs equals the net present value of benefits.

Discount Rate

In the context of discounted cash flow analysis, this rate helps in assessing the present value of future cash flows.