Define Organizational Change and Briefly Explain How Change Can Be

question 21

Essay

 Define organizational change and briefly explain how change can be driven by external factors.

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Definitions:

Required Rate

The least annual percentage gain that entices investors, be they individuals or companies, into a certain security or project.

Discounted Payback Period

The time period needed to recover the cost of an investment when considering the time value of money through discounted cash flows.

Cash Inflows

The total amount of money being transferred into a business, typically from operational, financing, and investment activities.

Required Rate

The minimum annual rate of return that an investor expects to achieve on an investment.