According to John Kotter, Which of the Following Actions Will

question 25

Multiple Choice

According to John Kotter, which of the following actions will adversely influence refreezing efforts?

• A) the absence of a vision
• B) not removing obstacles to the company's new vision
• C) not creating a powerful enough guiding coalition
• D) declaring victory too soon
• E) all of these

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Definitions:

Exchange Rate

The price at which the currency of one country can be exchanged for the currency of another country.

Bushel of Corn

A unit of measure for volumes of dry commodities, used especially for grain, equivalent to approximately 35.24 liters.

Price Support Program

A government policy aimed at maintaining the market price of a good at a certain level to ensure that producers receive a minimum income from their products.

Efficiency Loss

A reduction in optimal resource allocation, often resulting from market distortions such as taxes or monopolies.