The Biggest Obstacle to Organizational Change Is Probably _____

question 13

Multiple Choice

The biggest obstacle to organizational change is probably _____.

• A)cynicism about management intentions
• B)lack of understanding
• C)fear of personal loss
• D)laziness
• E)different assessments and goals

---

Definitions:

Treasury

Refers to the department within a government or organization that is responsible for managing the institution's revenue, spending, and debt.

IFRS

International Financial Reporting Standards (IFRS) are a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to bring consistency to accounting language, practices, and statements globally.

Reserves

Funds or assets set aside to cover future expenses, losses, or liabilities.

Asset Revaluations

The process of adjusting the book value of a company's assets to reflect their current market values.