In Managing Change,stakeholders Must Be Convinced That the Current Modes

question 51

Multiple Choice

In managing change,stakeholders must be convinced that the current modes of behaviour and way of doing things are no longer successful paths to achieving goals.What stage in the unfreezing process is this?

• A)disconfirmation of the validity of the status quo
• B)inducing survival anxiety
• C)creating psychological safety
• D)reliability of the status quo

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Definitions:

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institution; it also includes applying management principles to the financial assets of an organization.

Third-Party

An entity or individual not directly involved in a transaction or agreement but who may be affected by it or have an interest in it.

Honoring Checks

The act of accepting a check as payment and processing it as directed by the terms written on the check.

Drawer-Depositor

An individual or entity that has the authority to write and deposit checks within a banking relationship.