Organization Development Is Based on a Change Process and Focuses

question 12

Short Answer

Organization development is based on a change process and focuses on managing the of the organization.

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Definitions:

Effective Annual Cost

Effective Annual Cost denotes the total cost of financing on a yearly basis, incorporating fees and interest rates to reflect the true annual cost of borrowing.

Sole Supplier

A single source from which a company purchases goods or services, often leading to increased negotiation power for the supplier but potential risks for the buyer.

Cash Conversion Cycle

A metric that measures the time span between a company's outlay of capital for supplies and receiving payment from the sale of those goods or services.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services provided on credit.