The Change in Net Operating Working Capital Associated with New

question 41

True/False

The change in net operating working capital associated with new projects is always positive,because new projects mean that more working capital will be required.This situation is true for both expansion and replacement projects.

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Definitions:

Resistance to Change

The act of opposing or struggling with modifications or transformations within an organization or in one's personal life.

Innovation Inertia

The resistance to change or the slowness in adopting new ideas and innovations within an organization.

Departmentalization

A process of grouping people with related job duties, skills, and experiences into different areas within the overall organizational structure.

Span of Control

A management concept that refers to the number of subordinates a supervisor or manager can effectively manage and control.