When Managing Change,learning Interventions Should Be Used

question 2

Multiple Choice

When managing change,learning interventions should be used:

• A)to break routines that cause resistance to change.
• B)when incongruent organizational systems reinforce past behaviors and cause resistance to new behaviors.
• C)when employees resist change due to direct costs.
• D)in all change management activities.
• E)only when all other strategies have failed.

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Definitions:

Monetary Neutrality

The concept that changes in the money supply only affect nominal variables and have no long-term impact on real variables like output or employment.

Nominal Interest Rate

The interest rate before adjustments for inflation, representing the rate stated on a loan or investment.

Real Interest Rate

The inflation-adjusted interest rate, showcasing the actual borrowing cost and the genuine return for lenders or investors.

Shoeleather Costs

The metaphorical cost of time and effort that people spend trying to counteract the effects of inflation, such as holding less cash and making more frequent trips to the bank.