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Transition |
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TransitionThe process of converting from a centrally planned, non-market economy to a market economy.Similar MatchesTransitional adTransitional adSee Interstitial Transition PeriodTransition PeriodA description of the time when an organization is visibly moving away from the old way toward the new way. During this time, employee attitudes and behaviors range from being excited and busy to being confused and resistant. The support for change is building. New leaders emerge, champions of the change come forward and confusion over roles begins to clear. Demographic transitionDemographic transitionThe change that typically takes place, as a country develops, in the birth and death rates of its population, both of which tend eventually to fall as per capita income rises. Transition phaseTransition phaseA stage of development when a company begins to mature and its earnings decelerate to the rate of growth of the economy as a whole. Related: Three-phase DDM. |
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