According to Kotter, Leaders Planning to Implement Organization Change Should

question 13

Multiple Choice

According to Kotter, leaders planning to implement organization change should first:

• A) create a guiding coalition.
• B) establish a sense of urgency.
• C) communicate the change vision.
• D) generate short-term wins.

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Definitions:

James Tobin

An American economist known for his work on the links between financial markets and economic decisions, especially the Tobin tax concept.

Long-run Value

The intrinsic value of an asset or company based on fundamental analysis, considering its potential for growth and profitability over an extended period.

Intrinsic Value

Intrinsic value is the perceived or calculated true value of an asset, investment, or company, based on fundamental analysis rather than current market price.