Managing Change Is an Ongoing Process Whose Objective Is to Enhance

question 55

True/False

Managing change is an ongoing process whose objective is to enhance the ability of an organization to anticipate and respond to developments that are only in its external environment.

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Definitions:

Equipment Installation

The process of setting up and configuring machinery or equipment for use in its intended operational environment.

Goodwill

An intangible asset that represents the value of a company's brand name, customer relationships, and other non-physical assets that contribute to earnings.

Patent

A legal right granted to an inventor or assignee to exclude others from making, using, or selling an invention for a certain number of years.

Copyright

A legal right granted to an author, composer, playwright, publisher, or distributor to exclusive publication, production, sale, or distribution of their original work.