To Overcome Resistance to Change,management Must

question 94

Multiple Choice

To overcome resistance to change,management must:

• A)Develop a positive trust climate
• B)Create a win-win situation to help meet everyone's objectives
• C)Push the change from the top down,without regard to employee involvement
• D)Provide support to help employees cope with the changes
• E)Clearly state why the change is needed and how it will affect employees

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Definitions:

Compounded Annually

Compounded annually refers to the process where interest is added to the principal sum of a deposit or loan once per year, and future interest is earned on the interest from previous periods as well as the principal.

Time Value

The assertion that money held today is more valuable than equivalent amounts in the future because of its potential for earning.

Federal Income Taxes

Taxes levied by the national government on the annual income of individuals, corporations, trusts, and other legal entities.

Compounded Monthly

Refers to the process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.