By Acquiring an Established Enterprise, a Company Can Circumvent Most

question 12

True/False

By acquiring an established enterprise, a company can circumvent most entry barriers.

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Definitions:

Unfreezing

The initial stage in the change process where existing behaviors or attitudes are challenged to prepare for change.

Refreezing

The final stage of Lewin's change model where newly adopted behaviors, values, or attitudes are solidified into the organization or individual's practices, ensuring the change is sustained over time.

Change Process

The sequence of steps or actions involved in moving an organization or individual from its current state to a desired future state.

Sustainability

The ability to maintain or improve certain processes or states indefinitely without depleting resources or causing harmful impacts.