An Organization That Wants to Bring About Lasting Change in a Unionized

question 18

Multiple Choice

An organization that wants to bring about lasting change in a unionized work environment needs to do which of the following?

• A)Management and top HRD professionals must view union leaders as partners in change
• B)Commitment to long-term goals for change is important to all those involved
• C)Belief in the idea that organizational changes must be made if the organization is to remain prosperous
• D)All of these are required for lasting change

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Definitions:

Time Periods

Specific durations of time used for accounting purposes, such as fiscal quarters or years.

Discounted

The process of determining the present value of a future amount by applying a discount rate.

Present Value

The current value of a future sum of money or stream of cash flows, discounted at a specified rate of return.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return or discount rate.