Studies Show That More Than 75% of a Business Firm's

question 3

True/False

Studies show that more than 75% of a business firm's profits can be explained by alignment of IT with business.

Recognize the relationship between downsizing and its impacts on organizational performance and employees.

Distinguish between short-term, medium-term, and long-term cost adjustment alternatives to downsizing.

Comprehend the importance of fairness (procedural, distributive, interactional justice) during the implementation of downsizing decisions.

Understand the implications of downsizing on future work structures and employee relationships.

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Definitions:

Institutionalize

The process of establishing a practice, policy, or system as a norm or standard within an organization or society.

Initial Change-supportive

The initial positive response and support towards changes within an organization, reflecting openness and adaptability among members or employees.

React

pertains to an individual's immediate response or reaction to a stimulus or situation, often without extensive analysis.

Implications

The possible outcomes or effects that may result from a particular action, decision, or circumstance, often considered in planning or analysis.