Because of Resistance to Change,your Management Team Decides to Create

question 66

Multiple Choice

Because of resistance to change,your management team decides to create a blog in which the executive team will discuss,on a weekly basis,one change initiative the company is taking and why it is important.This tactic of change agents is called

• A)education and communication.
• B)participation and involvement.
• C)developing positive relationships.
• D)manipulation and co-optation.
• E)explicit and implicit coercion.

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Definitions:

Unsecured Creditors

Creditors who have lent money without taking collateral, meaning they have no special claim on a debtor’s assets if the debtor fails to pay.

Total Assets

The sum of all resources owned by a company, valued at the time of the balance sheet creation.

Priority

The order of importance or urgency, or the order in which claims against a company will be satisfied in the event of liquidation.

Financial Affairs

All matters related to the management, investment, and handling of money and monetary instruments of an individual or organization.