Examlex

Solved

Which Type of Change Refers to New Institutional Arrangements Set

question 19

Multiple Choice

Which type of change refers to new institutional arrangements set out by changes in legislation force change in order to comply with the new rules?


Definitions:

Systematic Change

A deliberate and planned effort to alter processes, policies, or systems within an organization in a coherent and cohesive manner.

Downsizing Strategy

A business policy aimed at reducing the size of a company through layoffs, closure of locations, or other means to improve financial performance.

Reducing Workforce

Refers to the process of decreasing a company's employee count to improve financial performance, adapt to market changes, or restructure its operations.

Redesigning Work

The process of altering jobs and work processes to improve efficiency, employee satisfaction, and productivity.

Related Questions