When Employees Receive Less or Incorrect Information About an Organizational

question 34

Multiple Choice

When employees receive less or incorrect information about an organizational change or its implementation, they are likely to resist the change due to ____.

• A)self-interest
• B)surprise
• C)different assessments
• D)peer pressure
• E)inertia

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Definitions:

Consumer Surplus

The gap between what consumers are prepared to pay for a product or service and what they end up spending.

Market Price

The current value at which a good or service is bought or sold in the market, typically influenced by the forces of supply and demand.

Maximum Price

A price ceiling, often set by regulatory bodies, above which a particular good or service cannot be sold, intended to protect consumers.

Consumer Surplus

The divergence between the price customers are willing to pay and the price they actually pay for a good or service.