Incremental Change Differs from Transformational Change in That Incremental Change

question 11

Multiple Choice

Incremental change differs from transformational change in that incremental change is:

• A) resisted exclusively by the management, whereas transformational change is resisted exclusively by consumers.
• B) gradual and small scale, whereas transformational change is radical and groundbreaking.
• C) restricted to small industries, whereas transformational change is restricted to large industries.
• D) aimed at increasing turnover rates, whereas transformational change is aimed at increasing employee attrition.

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Definitions:

Quarterly Dividends

Dividend payments made by a corporation to its shareholders every quarter of the financial year.

Preferred Stock

A class of stock that typically provides dividends to its holders before common stock and may have priority over common stock in the event of a liquidation.

Dividend Growth

The yearly percentage growth rate of a company's dividend disbursements.