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As indicated in "Prospering in Foreign Lands",Reaching Beyond Our Borders box: Companies founded in the U.S.under a capitalistic system are seldom successful in breaking through the communistic and socialistic systems when they go global.
Level of Learning 1: Knowledge of key terms
Transformational Change
A comprehensive shift in the strategy, structure, and culture of an organization, leading to significant improvements in performance and outcomes.
Top-down Change
Organizational change initiatives that are initiated by senior management and flow down through the hierarchy.
Frame-breaking Change
Significant transformations in an organization that dramatically alter its processes, culture, or structure.
Incremental Change
Gradual adjustments or improvements made over time to processes, policies, or products rather than large, radical shifts.
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