______ Requires Using Every Possible Channel and Opportunity to Talk

question 22

Multiple Choice

______ requires using every possible channel and opportunity to talk up and reinforce the vision and required new behaviors.

• A) Generating short-term wins
• B) Establishing a sense of urgency
• C) Creating a guiding coalition
• D) Communicating the change vision
• E) Empowering broad-based action

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Definitions:

Cost of Understocking

The financial loss or opportunity cost incurred by a business when it does not hold enough inventory to meet customer demand.

Optimal Cycle

Refers to the most efficient sequence or timing of events or operations to achieve the best outcome.

Fire Sale

A sale of goods at extremely discounted prices, typically due to the seller's urgent need to dispose of these items quickly.

Demand Uncertainty

Refers to the unpredictable nature and variability of customer demand for products or services, making it challenging to plan effectively.