Which Statement Describes an Advantage of the Results-Driven Change Approach

question 29

Multiple Choice

Which statement describes an advantage of the results-driven change approach?

• A) The results-driven change approach supplants the sole emphasis on activity with a focus on process, not on outcomes.
• B) Managers reinforce the status quo.
• C) The results-driven change approach encourages employees to resist making rash decisions.
• D) Managers introduce changes in policies, procedures, rules, and regulations only when they will improve measured performance.

Understand the effects of tax policies on investment decisions and interest rates.

Evaluate the implications of corporate actions and government regulations on financial markets.

Understand the characteristics and functions of long-term financial instruments.

Understanding the role and functions of mutual funds in the financial market.

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Definitions:

Increasing Demand

A situation where the quantity of a good or service that consumers are willing and able to buy increases, often due to factors like rising incomes, changes in tastes, or lower prices of the product.

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making at least one individual worse off.

Productive Efficiency

A condition in which an economy or entity is utilizing all its resources efficiently, producing maximum output for a given set of inputs without waste.

Demand (D)

The quantity of a good or service that consumers are willing and able to purchase at various prices during a certain period of time.