Juan Is an Employee at a Company Where the CEO

question 39

Multiple Choice

 Juan is an employee at a company where the CEO is pushing for drastic change in processes. Juan just finished creating computer programming that streamlined the old processes, for which he was expecting a raise and promotion. The proposed new changes make all of his recent work null and void. Juan is resisting change. The change leader needs to

• A) discourage employees from venting any frustration or concern.
• B) assign Juan to a task force.
• C) assure employees that there is a path for success that will be facilitated through training and development opportunities.
• D) assure employees that they will get credit for past achievements.

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Definitions:

Related Party Transactions

Financial transactions or arrangements between the reporting entity and any related parties, such as its management, significant shareholders, or affiliates.

Remuneration

Payment or compensation received for services rendered or employment, including salaries, wages, and benefits.

Ultimate Controlling Entity

The parent institution or entity at the highest level that exercises control over a group of companies.

Share Ownership

Holding of equity in a company, represented by stock, which confers certain rights such as voting power and dividends.