Implementing Change Is Often One of the Most Difficult Aspects

question 66

Essay

Implementing change is often one of the most difficult aspects of organization management. Imagine that you are the CEO of a large corporation, and your legal advisors have just informed you that the federal government has passed a new law that will affect every employee's health care coverage. Using this example, write an essay discussing the forces that most likely spurred the organizational change and identifying some reasons why employees might resist this change.

Understand the concept of prejudice and its psychological underpinnings.

Identify specific methods and approaches to reduce prejudice.

Describe the role of cognitive processes in the formation and regulation of prejudiced attitudes.

Explain the impact of exposure to media and counterstereotypic examples on attitudes toward outgroups.

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Definitions:

Operating Cash Flow

The cash generated from a company's normal business operations, indicating the ability to generate adequate cash flow to maintain and expand operations.

Cash Flow From Assets

The total amount of money being transferred into and out of a company's assets, which includes operations, investments, and financing activities.

Book Value

The net value of a company's assets, minus its liabilities, often used to assess if a company's stock is under- or overvalued.

Market Value

The price at which assets or services are currently being offered in the marketplace.