The First Stage of Change,the _________ Stage,involves Preparing the Organization

question 83

Multiple Choice

The first stage of change,the _________ stage,involves preparing the organization to accept that change is necessary,which involves break down the existing status quo before you can build up a new way of operating.According to Lewin,key to this is developing a compelling message showing why the existing way of doing things cannot continue.

• A) reinforcing
• B) resisting
• C) unfreezing
• D) changing
• E) freezing

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Definitions:

Present Value Problem

A calculation to determine the current value of a future amount of money or stream of cash flows given a specified rate of return.

Perpetuity

A financial instrument or investment that pays a fixed amount of cash flows indefinitely.

Annuity

An economic offering that guarantees regular payouts to an individual, typically used to supplement the income of those who are retired.

Payments Cease

Refers to the termination or halt of scheduled payments, often in the context of loans or financial instruments.