Which of the Following Is the First Step in Kotter's

question 18

Multiple Choice

Which of the following is the first step in Kotter's eight-step model for leading change?

• A) Establish a sense of urgency.
• B) Form a powerful coalition.
• C) Create a vision for change.
• D) Empower action.

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Definitions:

Investment Account

An account held by an individual or entity with a financial institution for the purpose of trading, holding, and managing securities and financial assets.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee, but not control or jointly control those policies.

Operating Policies

Guidelines and rules that govern the day-to-day operations of an organization.

Equity Method

An accounting technique used by firms to assess the profits earned through their investment in other companies by reporting those profits in proportion to their ownership percentage.