Examlex
Dividends in arrears are disclosed as liabilities of a corporation.
Change Vision
A clear and compelling description of a future state which an organization aims to achieve through change initiatives.
Top-Down Change
A change management strategy where decisions and initiatives are initiated by the upper management or leadership and then communicated down through the ranks of the organization.
Senior Management
The highest level of management in an organization, responsible for the overall direction and success of the company.
Initiation Of Change
The process of starting to implement actions that will alter the status quo within an organization or system.
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