The Strategy for Change Characterized by Minor Adjustments Over a Longer

question 18

Multiple Choice

The strategy for change characterized by minor adjustments over a longer time frame,but without the support of the organization culture,is known as _____.

• A)participative evolution
• B)charismatic transformation
• C)forced evolution
• D)dictatorial transformation
• E)none of the above

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Definitions:

Gross Margin

The difference between revenue and cost of goods sold (COGS), which reflects the profitability of a company's core activities excluding overhead costs.

Net Operating Income

The profit a company makes from its regular business operations, excluding deductions of interest and taxes.

Sales

The total income generated from goods or services sold by a company before any costs or expenses are deducted.

Stockholders' Equity

The residual interest or ownership of a company's shareholders after all liabilities have been deducted from total assets.