Use the Table for the Question(s)below

question 104

Multiple Choice

Use the table for the question(s) below.
Consider the following two projects:

-The payback period for project A is closest to:

• A)2.0 years
• B)2.4 years
• C)2.5 years
• D)2.2 years
• E)3.0 years

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Definitions:

Technological Advancements

Describes the progressive development in technology, leading to new inventions and improvements in existing technologies.

Unfreezing

The initial phase in the process of change, where existing beliefs and behaviors are questioned, making room for new ways of thinking.

Lewin's Basic Change Model

A theoretical framework by Kurt Lewin that describes organizational change as a process of unfreezing, changing, and refreezing behavior and practices.

DADA Syndrome

Four stages—denial, anger, depression, and acceptance—experienced by individuals when they are faced with unwanted change.