The Net Economic Impact of Hosting Mega-Events Such as the Olympics

question 1

True/False

The net economic impact of hosting mega-events such as the Olympics or Super Bowl tends to be relatively modest.

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Definitions:

Internal Force

Forces within an organization that cause it to change, such as innovation, organizational culture, and employee behavior.

Organizational Restructuring

The process of changing an organization's structure, strategies, or processes to improve efficiency, productivity, or adapt to new challenges.

Unfreezing

The process in Lewin's change management model where existing behaviors or attitudes are challenged to prepare for change.

Lewin's Basic Change Model

A model of change management proposing three steps: unfreezing, changing, and refreezing, to facilitate and solidify change within an organization.