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Flashcards in Change Deck (12)
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0
Q

Social responsibility

A

When an organisation contributes to the community beyond what the law requires.

1
Q

Define: organisational change

A

A planned or unplanned action undertaken by an organisation in response to internal and/or external pressures.

2
Q

Code of ethics

A

An organisations individual guidelines in terms of their specific moral values.

3
Q

Sustainability

A

The rate of use of finite resources, so that they can be replenished either naturally or with human assistance to last into the future to provide for future generations.

4
Q

Offshoring

A

A type of outsourcing that involves the relocation of a company’s processes and services to a foreign country.

5
Q

Restraining force

A

Factors which may halt or hinder change within an organisation. A barrier to introducing change.

6
Q

Privatisation

A

When a business moves from the public sector to the private sector.

7
Q

Organisational inertia

A

A corporate culture where staff are likely to resist change as they fear change or may think that the current system is working fine.

8
Q

High risk strategy

A

A change management strategy which is likely to result in poor relationships between employees and employers, and increased resistance to change.

9
Q

Globalisation

A

When an organisation chooses to expand internationally.

10
Q

Mergers and acquisitions

A

When two organisations merge to become one, or when one organisation purchases another organisation.

11
Q

Low risk strategy

A

A change management strategy which is more likely to ensure that change is successful, through minimising resistance to change and encourage employees to embrace the change.