Lewin's Change Model Consists of

question 62

Multiple Choice

Lewin's change model consists of

• A) three stages: unfreezing, changing, and refreezing.
• B) three forces: employee characteristics, change agent characteristics, and change agent-employee relationships.
• C) four steps: recognize problems, gain allies, overcome resistance, and execute.
• D) three types: adaptive, innovative, and radically innovative.
• E) three steps: diagnosis, intervention, and evaluation.

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Definitions:

Trade Credit

A financial arrangement where a buyer can purchase goods on account, paying the supplier at a later date, often used to improve cash flow.

New Businesses

Entities that have been recently established and are in the early stages of their operational and financial life cycle, facing unique challenges such as market entry and funding.

Credit Card Company

A financial institution that issues credit cards to consumers, offering a revolving line of credit that can be used to make purchases, transfer balances, and/or access cash advances.

Percentage Of Sale

A commission structure where payment is based on a percentage of the sales made.