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According to Kurt Lewin, in Order for Organizational Change to Occur

question 11

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According to Kurt Lewin, in order for organizational change to occur, which stage must occur first?


Definitions:

Debt-equity Ratio

A measure of a company's financial leverage calculated by dividing its total liabilities by its shareholder equity, indicating how much debt is used to finance assets.

Book Value

The net value of a company's assets minus its liabilities, often used to estimate the value of a company if it were to be liquidated.

Vertical Acquisition

A corporate strategy where a company acquires another company that operates in the production process of the same industry, either as a supplier or distributor.

Conglomerate Acquisition

A type of corporate takeover where a large, multi-industry company acquires another business that may be in an unrelated industry.

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