Two Aspects Are Critical to Organizational Change Efforts and Foundational

question 43

Essay

Two aspects are critical to organizational change efforts and foundational to the HR function.Describe these two areas,providing examples of how HRM is involved in strategic change process.

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Definitions:

MIRR

Modified Internal Rate of Return, a measure used to assess the profitability of an investment, accounting for the cost of capital and reinvestment of cash flows.

Terminal Value

The estimated value of a business or project at the end of a forecast period, often used in discounted cash flow analyses.

Non-normal Cash Flows

Cash flow patterns that do not match standard inflow and outflow models, often irregular in amount and timing.

Initial Costs

The upfront expenditures associated with beginning a project, such as fees, equipment purchases, and setup expenses.