An Organization's Change Initiative Is Characterized by Change in the Organization's

question 50

Multiple Choice

An organization's change initiative is characterized by change in the organization's culture and in the attitudes and values of its employees.The goal is to reduce costs and enhance quality.Which type of change initiative is this?

• A)downsizing
• B)systematic change
• C)restructuring
• D)mergers

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Definitions:

More Than Once a Week

A frequency indicating that an event or action happens multiple times within a seven-day period.

80/20 Rule

A principle asserting that 80% of outcomes come from 20% of all causes for any given event.

Basis of Segmentation

The criteria or variables used to divide a market into distinct groups of buyers based on their needs, characteristics, or behavior.

Behavioral

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.