The Common Trend Driving Organization Change in Recent Years Called

question 40

Short Answer

The common trend driving organization change in recent years called ________, describes capitalist societies' preoccupation with constantly increasing efficiency. One form of this trend has adopted terminology from a popular fast-food restaurant, claiming that a 'fast-food' type of mentality is being seen across other sectors.

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Definitions:

Time Horizon

The length of time over which an investment, project, or strategic plan is expected to unfold or achieve its goals.

Advertising/Promotion

Techniques and strategies used to communicate the benefits of a product, service, or brand to encourage sales.

Top Executives

Individuals who hold the highest-ranking positions in a company, responsible for making strategic decisions.

Long-Range

Refers to planning, forecasting, or strategies that cover an extended future period, often used to set and achieve long-term goals.