As Companies Become Larger, the Benefits of Informal Succession Planning

question 3

True/False

As companies become larger, the benefits of informal succession planning become greater.

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Definitions:

Social System

A social system is an interdependent set of cultural and structural elements that interact and influence human behaviour and relationships in a society.

Social Problem

Issues within society that are recognized by a significant number of people as being undesirable or needing improvement.

Adjustments

Changes made to adapt or conform to new conditions, situations, or requirements for achieving balance or improvement.

Dispersed Collectivity

A group of individuals who are physically separated but share common interests or identities, often connected through technology.