In Most Change Situations,there Are Factors That Will Make the Job

question 46

Multiple Choice

In most change situations,there are factors that will make the job of change more difficult and others that seem to ease the change process.The process by which the manager identifies and then eliminates as many of the forces against change as possible is called

• A)facilitation.
• B)implementation.
• C)force-field analysis.
• D)participative development.
• E)communication and education.

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Definitions:

Angel Investor

A wealthy individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity.

Debt Financing

The process of raising operational funds or capital by borrowing, which typically involves the issuance of bonds, bills, or notes payable to lenders.

Initial Public Offering

The first sale of stock by a private company to the public, often referred to as going public.

Business Plan

A formal document that outlines a company's goals, strategies for achieving them, and the financial forecasts associated with these strategies.