Opportunity Cost of an Action Is

question 130

Multiple Choice

Opportunity cost of an action is

• A)the best choice that can be made.
• B)the highest-valued alternative forgone.
• C)the money cost.
• D)the comparative cost.
• E)the absolute cost.

Understand the evaluation process of change efforts and the significance of measuring beyond learning outcomes.

Grasp the significance of Organizational effectiveness and strategies in the context of OD.

Recognize the impact of organizational culture and its importance in the process of OD.

Understand different OD strategies and techniques, including their focus on continuous improvement, team building, and quality management.

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Definitions:

Cellular Respiration

The process by which cells break down glucose and other molecules to produce energy in the form of ATP.

Free Energy

The portion of a system's energy that can perform work when temperature and pressure are uniform throughout the system.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, crucial for nearly all biological processes.

First Law of Thermodynamics

A principle stating that energy cannot be created or destroyed, only transformed from one form to another.