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As director of new projects, you have just learned that cash flow problems have forced your organization to cut back product-development activities. This means that two of the eight projects currently being developed must be terminated, along with the employees working on those projects (about 25 per cent of employees in your unit). You have a good knowledge of these projects as well as the performance and seniority of employees who work in your unit. While some projects clearly have a high chance of success, the long-term potential of a couple of them is unknown. Identify the best level of employee involvement in this situation and describe three factors (contingencies) that support this level of involvement.
Incentives
Rewards or penalties that motivate individuals or entities to behave in certain ways.
Internal Efficiency
A measure of how effectively an organization uses its resources to produce outputs without wasting materials, time, or energy.
Public Sector
The part of the economy composed of both public services and public enterprises, owned and operated by the government.
Paradox of Voting
A situation in which the costs of voting (time, effort) outweigh the apparent benefits, given the low probability of influencing the outcome.
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