In the Economic Approach to Organizational Change, the Change Is

question 3

Multiple Choice

In the economic approach to organizational change, the change is driven

• A) from the bottom-up.
• B) along parallel lines.
• C) from within.
• D) from the top-down.

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Definitions:

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase with the level of output.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of the operant increases, typically leading to a lower cost per unit.

Short-Run Losses

Financial deficits experienced by a business or project within a brief period, often due to initial start-up costs or market fluctuations.

Average Variable Costs

Costs that vary with output level, calculated by dividing total variable costs by the quantity of output produced.