Why Did Australia Escape the Worst of the Global Recession

question 74

Essay

Why did Australia escape the worst of the global recession of 2008- 2009?

Understand the concept and application of reengineering in organizations.

Recognize the principles and impact of TQM (Total Quality Management).

Comprehend the role of transformational leadership in organizational change.

Identify the tools and processes used in organizational development (OD) interventions.

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Definitions:

Ford Escorts

A model of compact car that was manufactured by Ford Motor Company, popular in various markets from the late 1960s to the early 2000s.

Predict

To declare or indicate in advance; especially, using data and analysis to forecast the occurrence of an event or trends.

Yachts

A type of recreational boat or ship, often luxurious and used for personal pleasure or sports.

Outlier

An observation that lies an abnormal distance from other values in a random sample from a population.