What Are the Three Basic Steps of an Organizational Change

question 46

Essay

What are the three basic steps of an organizational change process?

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Definitions:

Enforceable Contract

A legally binding agreement capable of being upheld and imposed in a court of law.

Competition

The rivalry among businesses to attract customers, increase sales, and improve market share.

Restructure

To restructure is to organize differently, often referring to corporations modifying their business structure, debt, or operations to improve efficiency or solvency.

Illegal Contracts

Agreements that are void and unenforceable by law because they involve activities that are illegal.