Which of the Following Helps to Facilitate the System-Wide Changes

question 71

Multiple Choice

Which of the following helps to facilitate the system-wide changes in an organization?

• A)Career development
• B)Employee development
• C)Communications programs
• D)Employee training
• E)Organization development

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Definitions:

Elastic

Describes demand or supply that is highly sensitive to changes in price; a small change in price leads to a large change in the quantity demanded or supplied.

Perfectly Inelastic

Describing a situation where demand or supply does not change in response to changes in price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price.

Price Elasticity

Quantifying the demand shift for an item in response to its price adjustments.