A Change in Strategy Is Needed to Affect a Turnaround

question 54

Multiple Choice

A change in strategy is needed to affect a turnaround when:

• A) Profits have declined to a crisis stage.
• B) Senior managers cannot agree on what to do.
• C) Actions are no longer consistent with an espoused strategy.
• D) Financial indicators are not looking good.

Understand the key principles of the Toyota Way and its focus on organizational processes.

Analyze the impact of technological change on organizations.

Identify various intervention methods and their functions within organizational development.

Discuss the role of telecommuting in organizational processes.

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Definitions:

Just Deserts

A concept in justice and ethics where individuals are believed to deserve punishment or reward commensurate with their actions.

Marxist Approach

A method of socioeconomic analysis that examines class relations and societal conflict using a materialist interpretation of historical development, based on the ideas of Karl Marx.

Rusche and Kircheimer

Theorists known for their work on the social theory related to punishment, proposing that forms of punishment change with social structures.

Severity of Punishment

The degree of harshness or intensity of a penalty imposed for wrongdoing.