According to Kurt Lewin's Change Model, Managers Should Ensure That

question 20

True/False

According to Kurt Lewin's change model, managers should ensure that the organizational culture and formal reward systems encourage the old behaviors.

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Definitions:

Trade or Business

An activity engaged in regularly and continuously for the purpose of earning income or profit.

Mortgage

A loan secured by real property, typically used to purchase the property itself, where the borrower agrees to repay the lender over a period of time.

Gain/Loss

The financial result from the sale of assets or investments, measured as the difference between the selling price and the purchase price.

Purchased

Acquired by paying money or its equivalent; involves obtaining ownership of a good or service in exchange for monetary value.