Examlex
Two conditions that help effect a cultural change include experiencing failure in a firm and changes in the external environment impacting the firm.
Decentralized Decision
A management style where decision-making is distributed among various levels within the organization, encouraging more local autonomy.
High Power
Refers to individuals or groups that hold substantial control, authority, or influence within a structure or society.
Restructuring
The process of changing the organizational structure, strategies, or operations of a company to improve efficiency or adapt to new conditions.
Strategic Change
Change of a larger scale, such as organizational restructuring.
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