What is the role that norms and culture play in a change program?
What will be an ideal response?
The greater the impact on culture and norms of a change program, the greater the amount of resistance that will probably emerge. In some situations, however, the culture may influence the acceptance of change. This would be the case where the culture is one that values change, new cutting-edge methods of operating, and risk-taking.
Norms are the organized and shared ideas of what members of an organization should do and feel. The members themselves define what the norms are, as well as enforce individual behavior to conform to the norms. Because norms generally have strong support from the group, they cannot easily be changed. Organizations will have subcultures formed around smaller work- or social-groups. It is difficult to change the ways of behaving in one part of the organization without influencing and being influenced by the other parts.
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Four possible modes in the practitioner-client relationship are _____
a. the compatible mode, the friendly mode, the consensus mode, and the agreeable mode b. the apathetic mode, the gamesmanship mode, the involved mode, and the power mode c. the apathetic mode, the power mode, the conflict mode, and the charismatic mode d. the apathetic mode, the gamesmanship mode, the charismatic mode, and the motivated mode e. none of the above
A tree is constructed to value an option on an index which is currently worth 100 and has a volatility of 25%. The index provides a dividend yield of 2%
Another tree is constructed to value an option on a non-dividend-paying stock which is currently worth 100 and has a volatility of 25%. Which of the following are true? A. The parameters p and u are the same for both trees B. The parameter p is the same for both trees but u is not C. The parameter u is the same for both trees but p is not D. None of the above