Organisational Development (OD)is Not a Readily Definable Concept,but a Convenient

question 41

True/False

Organisational development (OD)is not a readily definable concept,but a convenient term used to encompass a variety of activities for managing change.

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Definitions:

Perpetual Inventory System

System that continuously monitors the amount and location of a company’s stocks.

Vendor-Managed Inventory

Process in which the producer and the retailer agree that the producer (or the wholesaler) will determine how much of a product a buyer needs and will automatically ship new supplies when needed.

Community Living Conditions

The environmental, social, and economic factors that affect the quality of life within a community.

Production Facility

A location or establishment where goods are manufactured or assembled.