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A Matrix-Of-Change Approach Allows Managers to Think Through the Following

question 3

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A matrix-of-change approach allows managers to think through the following change issues before attempting implementation:


Definitions:

Breach

The violation or non-fulfillment of a contract, agreement, or duty.

Delayed Opening

A situation where the start of something, such as a business day or event, is postponed from its scheduled time.

Timely Performance

Executing or completing a task or duty within the allocated or agreed upon time frame.

Liquidated Damages Clause

A contract provision that establishes a predetermined amount of damages to be paid if one of the parties breaches the contract.

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