Organization C Is Attempting to Manage Reactive Change Within the Organization

question 43

Multiple Choice

Organization C is attempting to manage reactive change within the organization. This organization is radically changing every process through redesigning and rethinking from the ground up. The firm needs a dramatic change in order to survive. Which of the following best captures what Organization C is implementing?

• A) Six Sigma
• B) continuous improvement
• C) reengineering
• D) total quality management

---

Definitions:

Price Elasticities

Measures of how sensitive the demand or supply of a product is to changes in its price.

Tax Burden

The total amount of taxes paid by individuals or businesses, expressed as a percentage of income or as an absolute amount.

Supply and Demand

A fundamental economic model that describes how prices and quantities are determined in a market based on producers' supply and consumers' demand.

Domestic Producer Surplus

The difference between the amount domestic producers are willing to accept for a good or service and the actual amount they receive.