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What Is Being Described Here? an Approach to Organisational Development

question 6

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What is being described here? An approach to organisational development (OD) which encourages conversation between employees to highlight, reinforce and encourage the spread of positive information about what is being done well by an organisation.


Definitions:

Aggregate Demand

Complete economic consumption desires for all goods and services, measured at a particular total price level within a predetermined timeframe.

Price Level

An index that measures the average of current prices across the entire spectrum of goods and services produced in the economy compared to a base year.

Interest Rate

The interest rate is the percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.

Business Production

Activities involved in the creation of goods and services to meet consumer demand.

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