Contrast the following system concepts: entropy and dynamic equilibrium
What will be an ideal response?
Entropy is a movement towards disorder and eventual system breakdown. This is the end result of all systems that do not exchange energy and resources with their environment. In an adaptive organization, the process of exchanging energy and resources with the environment leads to dynamic equilibrium via planned change.
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Research has shown that employee referrals are a highly effective way to recruit applicants. What is the main reason a firm would not want to rely solely on employee referrals to source applicants?
A. More than one source should always be used to reach a wider group of potential applicants. B. Relying on employee referrals often limits diversity in a company. C. Employment agencies always vet applicants more thoroughly. D. Even if the process results in applicants accepting job offers, in the long run they have higher turnover and lower job satisfaction.
When a team raises ticket prices significantly after a winning season, it represents an action consistent with the principles of relationship marketing.
A. True B. False