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Organizational Change Refers to the Adoption of a New Idea

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Organizational change refers to the adoption of a new idea or behaviour by an organization.


Definitions:

Legal Action

A process of taking a dispute to a court of law or formal legal process to enforce or defend a legal right.

Remedies

Legal solutions or compensations available to parties in a contract or lawsuit when the other party fails to perform as agreed.

Chartered Accountant

A certified accounting professional capable of performing various accounting and financial tasks for businesses.

Financial Statements

Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.

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