During Lewin's Changing Stage, Managers Should

question 73

Multiple Choice

During Lewin's changing stage, managers should

• A) reduce the barriers to change.
• B) make employees dissatisfied with the present situation.
• C) reinforce the desired change.
• D) give employees new information, perspectives, and models for behavior.
• E) encourage employees to exhibit the new change.

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Definitions:

Decision Tree Analysis

A tool used in decision making to visually map out possible outcomes of a decision, factoring in probabilities and costs or benefits.

NPV Distribution

Refers to the distribution of net present values across different potential investments or projects.

Conditional Probability

The probability of one event occurring with some relationship to one or more other events.

Real Option

A choice available to companies involving business decisions on investments, which use the concept of option valuation in financial markets.