Cultural Change Is Most Likely to Take Place When Most

question 19

Multiple Choice

Cultural change is most likely to take place when most or all of the following conditions exist: dramatic crisis occurs,leadership changes hands,________.

• A)the organization is small,and the culture is strong
• B)the organization is young,and the culture is strong
• C)the organization is young and small,and the culture is weak
• D)the organization is old,and the culture is weak
• E)the organization is old and large,and the culture is strong

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Definitions:

Pension Plan

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Overfunded

A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.

Underfunded

A term referring to insufficient funding to meet future obligations or commitments.

Funding Requirements

The total amount of capital needed to support a business's operations, projects, or to fulfill other financial commitments.