Five Initiatives May Contribute to Effective Change Management: (1)motivating Change

question 135

True/False

Five initiatives may contribute to effective change management: (1)motivating change, (2)creating a vision, (3)developing political support, (4)managing the transition,and (5)sustaining momentum.

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Definitions:

Selling Price

The amount of money for which something is sold, determining the profit or loss made from a transaction.

Close Substitutes

Products or services that can easily replace each other in the eyes of the consumer, having nearly the same utility or function.

Productivity

A measure of the efficiency of production, often calculated as the ratio of output to inputs used in the production process.

Derived Demand

The demand for a good or service that arises from the demand for another good or service.