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Senior officers in a national military organization decided that operations in supplies requisition were inefficient and costly.They brought in consultants who recommended that the entire requisition process be 'reengineered'.This involved throwing out the old practices and developing an entirely new set of work activities around workflow.However, like many reengineering changes, this intervention resulted in lower productivity, higher employee turnover, and other adverse outcomes.Discuss likely problems with the intervention in terms of systems theory.
Precautionary Motive
A rationale for holding money or liquid assets to guard against future uncertainties and potential emergencies.
Recession
A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
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