Change

Question 0

Social responsibility

Answer 0

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

Question 1

Define: organisational change

Answer 1

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

Question 2

Code of ethics

Answer 2

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

Question 3

Sustainability

Answer 3

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.

Question 4

Offshoring

Answer 4

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

Question 5

Restraining force

Answer 5

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

Question 6

Privatisation

Answer 6

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

Question 7

Organisational inertia

Answer 7

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

Question 8

High risk strategy

Answer 8

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

Question 9

Globalisation

Answer 9

When an organisation chooses to expand internationally.

Question 10

Mergers and acquisitions

Answer 10

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

Question 11

Low risk strategy

Answer 11

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.