Which of the Following Statements Is True of Participation in the Context

question 23

Multiple Choice

Which of the following statements is true of participation in the context of building support for change?

• A) Employees need to participate in a change after it occurs, not before.
• B) As participation increases, resistance to change tends to decrease.
• C) When employees participate in change from the beginning, they feel demotivated and feel their ideas will be rejected.
• D) Participation merely encourages compliance with change.

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Definitions:

Purchasing Power Parity

A theory that states prices of goods and services should equalize across countries when expressed in a common currency, meaning a basket of goods should cost the same regardless of the country after accounting for exchange rates.

Big Mac

a hamburger sold by the international fast-food chain McDonald's, often used as a symbol of globalization and sometimes as a reference point in economic studies like the Big Mac Index.

Fixed Exchange Rates

A system where the value of a country’s currency is pegged at a set rate to another currency or a basket of currencies.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining exchange rates for every currency.