After the Change Is Implemented, the Long-Term Success of a Change

question 6

True/False

After the change is implemented, the long-term success of a change effort depends on the extent to which the change becomes part of the company's strategy.

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Definitions:

Reduce Its Value

An action or event that decreases the worth of something, affecting its marketability or usefulness.

Future Interest

An interest in real or personal property that will begin at a future date through a legal arrangement, such as a will or trust.

Earnest Money

A deposit made by a buyer to demonstrate commitment to a purchase agreement, often used in real estate transactions.

Serious Offer

An offer made in earnest, usually in a contractual context, implying a genuine intent to enter into an agreement.