XYZ Inc Decided to Lay Off a Relatively Large Proportion of of Their

question 2

Multiple Choice

XYZ Inc. decided to lay off a relatively large proportion of their employees due to poorer-than-anticipated financial performance. What is this an example of?

• A) proactive change
• B) transformational change
• C) transitional change
• D) reactive change

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Definitions:

Bad News

Information that is unwelcome, unpleasant, or disappointing.

Duration

The length of time that something continues or exists.

Overestimate

To assess something as more, larger, or more important than it actually is.

Role Management

The process of balancing and navigating various roles one holds in personal and professional life to avoid role conflict.