Explain the importance of each stage


Homework: Managing Dynamic Environment- Critical Thinking

Lewin's Change Theory

One of the seminal studies and theories related to change management is Kurt Lewin's Change Theory. Components of his work are identified in many other theories, so understanding this theory offers insight into the change management process.

In this homework, provide a brief overview of Lewin's Change Theory, including his rationale for creating this theory and the intended role this model addresses in change management.

Then discuss the three stages of change implementation and explain the importance of each stage. Be sure to use the terminology for each stage of Lewin's Change Theory as outlined in the text.

Finally, Lewin's Change Theory was created in the 1940s. Is the theory still applicable in today's global economy? How would you modify/alter his theory to ensure that it remains relevant and applicable in Saudi Arabia? Discuss any changes to be made to his theory to reflect today's business environment, both globally and in Saudi Arabia.

Format your homework according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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International Economics: Explain the importance of each stage
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