When Managers Let People Who Will Be Affected by an Impending

question 131

Multiple Choice

When managers let people who will be affected by an impending change know the reasons for the change,the ____ stage of the Lewin model of organization change has been reached.

• A)implementing
• B)recognizing
• C)unfreezing
• D)transforming
• E)refreezing

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Definitions:

Relevant Range

The scope of activity levels within which the assumptions about fixed and variable costs in cost-volume-profit analysis remain valid.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to covering fixed costs and profit.

Fixed Costs

Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.

Unit Variable Cost

It's the cost associated with producing one additional unit of product, including materials, labor, and other costs that vary with production output.