Which of These Statements About Managing Change Is FALSE

question 3

Multiple Choice

Which of these statements about managing change is FALSE?

• A)Employees are less likely to resist change when change agents mainly increase the driving forces for change.
• B)Employees who develop an urgency for change tend to increase their motivation to change.
• C)Change is more successful when the restraining forces are reduced.
• D)Unfreezing the status quo occurs when change agents create a disequilibrium between the driving and restraining forces.
• E)Force field analysis includes the ideas of unfreezing the status quo and refreezing the desired conditions.

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Definitions:

Discount Rate

The interest rate applied in discounted cash flow analysis for the purpose of determining the present value of future cash inflows.

Compounded Monthly

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, done on a monthly basis.

Interest Saved

The amount of money that is not paid as interest due to paying off debt earlier or negotiating better rates.

Savings Account

A deposit account held at a financial institution that provides principal security and interest earnings.