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A Small Accounting Firm Was Bought by a Larger Firm

question 231

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A small accounting firm was bought by a larger firm whose management had different goals and objectives. The employees' jobs and roles were re-evaluated and changed without their input, and when they voiced their concern, they were told that they had to accept the changes or else resign. The new management is applying which change strategy?


Definitions:

Population Growth

The increase in the number of individuals in a population, often measured by birth rate minus death rate plus migration.

Economic Development

Economic Development refers to the process by which a region improves the well-being of its citizens through economic growth, redistribution of wealth, and improvements in quality of life.

Birth Rate

The number of live births per thousand of population per year.

Death Rate

The number of deaths in a particular population, scaled to the size of that population, per unit of time.

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