After the Change Is Implemented, the Long-Term Success of a Change

question 6

True/False

After the change is implemented, the long-term success of a change effort depends on the extent to which the change becomes part of the company's strategy.

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Definitions:

Working Capital Management

The process of managing the short-term assets and liabilities to ensure a company can continue its operations and meet its financial obligations.

Debt

An amount of money borrowed by one party from another, often used by businesses and governments to fund operations and projects.

Equity

Ownership interest in a company, typically represented by shares, indicating the proportion of the company's assets owned by the shareholders after all liabilities are paid.