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Brad, a manager, felt that his subordinates needed to change the way they functioned to enhance performance. He interacted with them and made them aware that their present way of doing things was not effective enough. He tried to ensure that the employees accepted that change was inevitable. On the basis of the given information, it can be concluded that Brad is in the _____ phase of the planned change.
Interest Rate
The cost of borrowing money, typically expressed as a percentage of the amount lent, which lenders charge borrowers or pay to savers.
Wine Drinkers
Individuals who consume wine, a beverage made by fermenting grapes or other fruits.
Rational Investor
An investor who makes decisions based on the expected outcomes, utilizing all available information to maximize the utility of wealth.
Interest Rate
The proportion of a total amount of money that is charged for borrowing it, usually represented as a yearly percentage rate.
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