One Change Theorist Describes a Five-Step Innovation and Decision-Making Process

question 27

Multiple Choice

One change theorist describes a five-step innovation and decision-making process theory. This theorist believed that change is always rejected initially and then adopted at a later time. He believes that change is reversible and rejection does not mean that it will always stay that way. He argues it can also work in reverse: change may be initially accepted and then rejected. Who is this theorist?

• A) Rogers
• B) Havelock
• C) Lippitt
• D) Lewin

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Definitions:

Treynor Measure

A performance metric for determining how well an investment portfolio or fund has performed on a risk-adjusted basis, using beta as the risk measure.

Residual Standard Deviation

A measure of the amount of variability or dispersion of a set of data points around a regression line not explained by the regression itself.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher volatility than the market, while a beta less than 1 indicates lower volatility.

Style Analysis

A technique used in finance to determine the investment strategy of a fund or portfolio by breaking down its holdings into meaningful characteristics or styles such as size, value, or growth orientation.