In Order for Change to Take Place, Someone or Something

question 74

Multiple Choice

In order for change to take place, someone or something within the firm must initiate it and shepherd it through to implementation. This person/thing is called the:

• A) shepherd.
• B) change agent.
• C) cambio.
• D) leader.

---

Definitions:

Long Call

A long call is an options trading strategy where the investor purchases a call option with the expectation that the underlying stock will increase in value before the option expires.

Strike Price

The fixed price at which the owner of an option can buy (in case of a call option) or sell (in case of a put option) the underlying asset.

Break-Even Point

The financial position at which cost and revenue are equal, resulting in neither profit nor loss.

Break-Even Point

The point at which total costs and total revenues are equal, meaning no profit or loss occurs.