All of the Following Statements Regarding Reasons Employees Resist Change

question 89

Multiple Choice

All of the following statements regarding reasons employees resist change are correct EXCEPT

• A)those who feel they can perform well under a new system will be more committed than those who have lower confidence in their ability to perform.
• B)we are creatures of habit.
• C)feelings of uncertainty create stress.
• D)people with a negative self-concept view change as an opportunity.

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Definitions:

Accounts Receivable

The amount due from customers to a firm for the delivery of goods or services which remains unpaid.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including labor, materials, and manufacturing overhead.

Cash Cycle

The period it takes for a business to convert its inventory and other resources into cash flows from sales, effectively measuring the time span between purchasing raw materials and receiving cash from selling the final product.

Receivables Period

The average number of days it takes for a business to collect payments from its credit sales, also known as debtor's collection period.