Rates of Inflation in the Hundreds or Thousands of Percent

question 60

Multiple Choice

Rates of inflation in the hundreds or thousands of percent per year are known as

• A)super inflation.
• B)megainflation.
• C)hyperinflation.
• D)overinflation.

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Definitions:

Lewin's Planned Change

A model developed by Kurt Lewin that describes organizational change through three steps: unfreezing, changing, and refreezing.

Change Leaders

Individuals or entities that drive and manage the process of change within organizations, guiding them through transitions and new initiatives.

Organization Development

A planned, systematic process aimed at improving the effectiveness, health, and self-renewing capability of organizations through change in policies, power, leadership, control functions, and culture.

Explicit And Implicit Coercion

Direct and indirect methods of compelling someone to act in a particular way through force or intimidation.