Reorganizing in Order to Compete Better May Require a Business

question 59

True/False

Reorganizing in order to compete better may require a business to reassign tasks.
Companies reorganize in order to be more competitive and reduce costs.In order to reduce costs,the firm may reduce its labor force,and reorganize the jobs and activities to those workers who remain.

---

Definitions:

Routine Work

Tasks or jobs that are highly repetitive and predictable, often requiring little creativity or problem-solving.

Open Innovation

A paradigm that assumes firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology.

Survey Feedback

A method of organizational development involving the collection of employees’ opinions through surveys and then sharing the results with them to initiate changes.

Intrinsic Motivation

The drive to engage in activities for their own sake, deriving pleasure and satisfaction from the activity itself rather than from external rewards.