Which of the Following Steps of the Organizational Change Process

question 20

Multiple Choice

Which of the following steps of the organizational change process includes identifying obstacles to change?

• A) Assessing the need for change
• B) Identifying the source of the problem
• C) Deciding on the change to make
• D) Implementing the change
• E) Evaluating the change

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Definitions:

Realization

The process of converting non-cash assets into cash or recognizing revenue when it is earned and measurable, regardless of when cash is received.

Partnership Termination

The process of dissolving the business relationship between partners under the terms of a partnership agreement.

Income-Sharing Ratios

Ratios that determine how profits or losses are divided among business partners or stakeholders according to agreed terms.

Capital Balance

The portion of equity attributable to the owners or shareholders in the company, reflecting the initial and additional contributions plus retained earnings minus withdrawals.