Which of the Following Is True About Resistance to Change

question 28

Multiple Choice

Which of the following is true about resistance to change?

• A)General reasons for resistance to change include self-interest, misunderstanding, and management tactics.
• B)Usually managers tend to overestimate the amount of resistance they will encounter.
• C)All employees of an organization often tend to show the same level of resistance to change.
• D)People at all levels of their organizations, from entry-level to executives, resist change.
• E)Change-specific reasons for resistance to change include peer pressure, surprise, and timing.

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Definitions:

Collusion

Collusion is an agreement between two or more parties, often in secret, to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically involving fraud or gaining an unfair market advantage.

Cartels

An agreement between competing firms to control prices or exclude entry of a new competitor in a market, often resulting in higher prices and restricted competition.

Informal Understandings

Unofficial agreements or practices among firms or individuals that dictate behavior without being legally binding.

Collusive Oligopoly

A market situation where a few firms dominate and agree, formally or informally, on prices or production levels to minimize competition.