In the Unfreezing Stage,managers Try to Instill in Employees the Motivation

question 115

True/False

In the unfreezing stage,managers try to instill in employees the motivation to change,encouraging them to let go of attitudes and behaviors that are resistant to innovation.For this "unfreezing" to take place,employees need to become dissatisfied with the old way of doing things.Managers also need to reduce the barriers to change during this stage.

---

Definitions:

Current Ratio

A ratio indicating how well a company can cover its short-term dues.

Receivable Turnover Ratio

A financial metric that measures how efficiently a company collects cash from its credit sales by comparing net credit sales with the average accounts receivable.

Cash Dividend

A payment made in cash to shareholders that is derived from a company's profits or reserves.

Times Interest Earned Ratio

A financial metric assessing a company’s ability to meet its interest obligations from its operating income.