Strategic Contingencies Are Succession Plans That Are Made Within the Corporation

question 52

True/False

Strategic contingencies are succession plans that are made within the corporation.

Identify the importance of involving stakeholders in the creation of visions for organizational change.

Comprehend the necessity of diagnosing organizational problems before implementing change programs.

Become familiar with people-oriented actions leaders can take to successfully implement change.

Understand the concept and application of benchmarking in organizational learning and improvement.

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Definitions:

U.S. Economy

The economic system of the United States, characterized by a combination of free-market and planned economic activities, and is one of the largest economies globally.

Unemployment Rate

The chunk of the labor force that finds itself unemployed and in active pursuit of a job.

Economy

A system by which goods and services are produced, distributed, and consumed within a society or geographical area.

Point A

A specific position or location often used in graphs or discussions about economic models and theories.