Kurt Lewin's Model of Change Involves Understanding the Need for Change

question 79

True/False

Kurt Lewin's model of change involves understanding the need for change, changing, and evaluating the change.

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Definitions:

Interest Rate

The slice of a loan imposed as interest upon the borrower, usually articulated as an annual percentage of the loan still to be repaid.

Federal Income Tax

A tax imposed by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Risk

The potential for losing something of value or the uncertainty regarding the outcome of an investment or decision.