One Way for an Organization to Deal with Significant Changes

question 100

Multiple Choice

One way for an organization to deal with significant changes is a process known as

• A) Cash flow analysis
• B) Business planning
• C) Financial analysis
• D) Scenario analysis
• E) Kreigsspiel

Differentiate between formal and informal organizational systems and their influence on work processes.

Realize the importance of networks and the concept of structural holes in leveraging power and influence.

Grasp the ethical considerations and potential corruptive effects of power in leadership positions.

Define and distinguish various terms and theories related to power and influence in organizational behavior.

---

Definitions:

Outsourcing

The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees.

Outplacement Services

Professional services that help terminated employees transition to new jobs by providing support such as resume writing and interview preparation.

Downsizing

Reducing the number of employees on an organization's payroll as a cost-cutting measure or to improve efficiency.

Voluntary Turnover

When an employee decides to leave a company on their own accord rather than being fired or laid off.