Examlex
List and describe four fields of economics.
Layoff
The temporary or permanent termination of employees due to economic downturns, restructuring, or other organizational changes.
Restructuring
The act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable or better organized for its present needs.
Organizational Change
The process through which companies undergo transformations in their structures, strategies, operational methods, technologies, or cultures to adapt to internal and external pressures.
Systematic Change
A change that impacts an entire system, often involving significant restructuring or transformation of processes, policies, or practices.
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