The Government Assumed Responsibility for the ___________ of Bad Loans

question 19

Short Answer

The government assumed responsibility for the ___________ of bad loans in 2008.

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Definitions:

Resistance To Change

The reluctance or refusal to adapt to new methods, processes, or technologies in an organization or individual level.

Forced Coercion

Employing threats or pressure to compel someone to act in a desired way against their will.

Rational Persuasion

A method of influencing others through logical arguments and factual evidence to change their attitudes or behaviors.

Refreezing Phase

The stage in Lewin's change management model where new behaviors or changes are solidified into the culture or operational practices of an organization or group.