Examlex
A bond with default risk will always have a ________ risk premium and an increase in its default risk will ________ the risk premium.
Innovative Change
Alterations within an organization that introduce new methods, ideas, or products to improve efficiency, productivity, or competitive advantage.
Disruptive Change
Significant alteration that drastically impacts the way a sector operates, often leading to the creation of new markets and the decline or transformation of existing ones.
Unplanned Change
Modifications or adjustments that occur without forethought or intention, often in response to immediate circumstances or emergencies.
Bottom-Up Change
Change initiatives come from all levels in the organisation.
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