Intangible Returns Include Benefits and Work/life Programs

question 29

True/False

Intangible returns include benefits and work/life programs.

Understand the concept of "Explicit and Implicit Coercion" in change management and its potential risks.

Recognize common reasons why individuals resist change within an organizational context.

Understand the concept and objectives of organization structures.

Recognize the purpose and applications of social network analysis in organizations.

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Definitions:

Preventive Maintenance

The routine maintenance and care of equipment and machinery to prevent unexpected breakdowns and costly repairs.

Breakdown Cost

The costs associated with a machinery or equipment failure, including repair costs, lost production time, and impact on product quality.

Components In Series

Parts or elements arranged in a sequence where each component must function correctly for the overall system to work.

6-Sigma Standards

A set of techniques and tools for process improvement, aiming at reducing defects and variability in manufacturing and business processes to improve quality.