To Ensure That Those Affected by Planned Organizational Change Do

question 59

Multiple Choice

To ensure that those affected by planned organizational change do support the change, an organization should:

• A) let the change happen gradually without any fanfare
• B) implement the change quickly and make it understood that those affected have the final say in what happens
• C) involve everyone affected by the change early in the change process
• D) keep communications at a minimum
• E) do nothing because employees understand that change is inevitable

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Definitions:

Self-Employment Income

Income generated by an individual directly from one's own business, trade, or profession, rather than from an employer.

Partnership Basis

The amount of a partner's investment in a partnership for tax purposes, affecting how they report income, gains, and losses.

Guaranteed Payment

Payments made to partners in a partnership regardless of the partnership's income, ensuring the partner receives a steady income.

Partnership Interest

A partnership interest is the share or portion of a partnership owned by one of the partners, encompassing the rights to the profits, losses, and assets associated with the partnership.