A Mind-Set That Binds an Individual to a Course of Action

question 34

Multiple Choice

A mind-set that binds an individual to a course of action deemed necessary for the successful implementation of a change initiative is called

• A) resilience to change
• B) commitment to change
• C) effective change
• D) successful change
• E) organizational change

---

Definitions:

Value

The financial, tangible, or estimated value of a property, product, or service.

Intrinsic Value

The actual, inherent worth of an asset, independent of its market value, often calculated using fundamental analysis.

Call

An option contract that gives the holder the right, but not the obligation, to buy a security at a specified price within a specified time period.

Value

The worth of an asset or service, determined by factors such as market demand, utility, and costs of production.