What Is Organizational Development (OD)? What Are the Main Values

question 245

Essay

What is organizational development (OD)? What are the main values and assumptions of OD change agents? Briefly describe four OD strategies discussed in our text.

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Definitions:

Financial Statements

Documents that provide an overview of a company's financial condition in both short-term and long-term contexts, including the balance sheet, income statement, and cash flow statement.

Adjustment for Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life to account for the reduction in value over time.

Balance Sheet

A financial statement that displays a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Assets

Resources owned by a company that have economic value and can provide future benefits, such as cash, inventory, and property.