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Which of the Following Models of Change Is Based on the Notion

question 87

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Which of the following models of change is based on the notion that any change,no matter how large or small,produces a cascading effect throughout an organization?


Definitions:

Market Price

The amount of money that a product is bought or sold for in the marketplace; determined by supply and demand.

Surplus

A situation where the quantity supplied of a good exceeds the quantity demanded, often leading to lower prices or stored inventory.

Shortage

Occurs when the quantity demanded of a good exceeds its supply at a given price, leading to an unmet demand in the market.

Quantity Supplied

The total amount of a product or service that producers are willing and able to sell at a given price over a specified period.

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