The Designation of ________ Is Used for Businesses That Are

question 3

Multiple Choice

The designation of ________ is used for businesses that are operating under a trade name.

• A) w.e.f.
• B) p.f.a.
• C) d.b.a.
• D) l.o.p.

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Definitions:

Top-down Change

What occurs when change initiatives come from senior management.

Incremental Change

Gradual, step-by-step modifications or improvements made to processes, systems, or products over time, rather than dramatic or radical transformations.

Outside-in Change

An approach to change management that starts with external market or environmental sentiments and trends, then works inward to adjust organizational strategies, structures, and processes.

Inside-out Change

Transformation initiated from within an organization or individual, focusing on internal improvements or developments to effect external outcomes.