The Text States That Organizational Change Generally Involves a Restructuring

question 3

Multiple Choice

The text states that organizational change generally involves a restructuring of which of the following?

• A)Strategy, structure, culture, and the environment
• B)Individual abilities, group abilities, functional resources, and divisional resources
• C)Human resources, functional resources, technological capabilities, and organizational capabilities
• D)Human resources, functional resources, organizational resources, and the environment

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Definitions:

Vertical Merger

The combination of two or more companies that operate at different levels within the same supply chain or industry.

Consolidation

The joining of two or more organizations to form a new organization.

Economy-of-Scope

Economic efficiencies derived from variety, rather than volume, where producing a wider range of products can lead to lower average costs.

Economies of Scale

The cost advantage achieved when production becomes efficient, as the scale of the operation grows and the cost per unit of output decreases.