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Scenario 1.3: HRM Challenges-Staffing Cuts
Artic Learning Systems was under pressure to reduce staffing costs and improve productivity.They took advantage of a Canadian federal program involving work-sharing and encouraged people to use any banked overtime.In some cases,employees were working 50% less.SunSystems Learning,in the same industry,was under the same pressures and decided to do an across the board reduction and laid off 50% of their employees based on performance.Both companies' organizational strategic plans indicated significant growth within a year due to new communication technologies and the ability to provide their learning systems globally.They both assess the best practices of other organizations looking for ways to enhance their performance.
-Please refer to Scenario 1.3.Which type of change is Artic Learning Systems an example of?
Principal's Right
This term involves the legal entitlements that a principal (the person for whom an agent acts) holds, especially in matters of agency law, such as the right to direct the agent and be accountable for the agent's acts.
Agent's Performance
Refers to the manner in which an agent conducts their duties on behalf of a principal, typically in a business or legal context.
Subagent
An agent appointed by another agent with the approval of the principal to perform tasks under a delegated agency agreement.
Duties
Obligations or responsibilities imposed on individuals or entities by law, contract, or morally expected roles.
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