How Can Managers Increase the Likelihood of Making Change Happen

question 97

Multiple Choice

How can managers increase the likelihood of making change happen successfully?

• A) They should realize that they are just change agents, not change leaders.
• B) They should discourage entrepreneurial mindsets.
• C) They should give individual employees a role in the change process.
• D) They should adapt the changes made by their competitors.

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Definitions:

Short Run

in economics, refers to a period during which at least one factor of production is fixed, and firms can adjust only the variable factors.

TVC

Total Variable Cost, which refers to all variable expenses that change with the level of output.

Short Run

A period of time in economics during which at least one input is fixed, limiting the ability of the economy or firm to adjust.

TC

stands for Total Cost, which encompasses all costs incurred in the production of goods or services.