When a Change Program Gets Underway,a Certain Momentum Occurs

question 6

Multiple Choice

When a change program gets underway,a certain momentum occurs.This can occur because of _____.

• A)involvement of organization members in the program
• B)requirements for commitment imposed by top management
• C)a type of chain reaction that is set off permitting changes in other parts of the organization
• D)top management's lack of involvement and willingness to let lower level employees freely choose their course of action
• E)answers b and c

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Definitions:

Relative Prices

The price of one good or service compared to another, indicating their exchange rate in the market.

Normal Good

A type of good for which demand increases when income increases and falls when income decreases, with other factors being constant.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.

Luxury

A good or service that is considered non-essential but desirable, often characterized by high quality, exclusivity, and a high price.