________ Is a Special Approach to Organizational Change in Which

question 27

Multiple Choice

________ is a special approach to organizational change in which the employees diagnose and formulate the change that's required and implement it.

• A) Managerial development
• B) Action research
• C) Succession planning
• D) Organizational development

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Definitions:

Profit Maximizes

A strategy or approach focused on increasing the difference between total revenue and total cost to the highest possible level.

Private Ownership

Private ownership denotes the legal right of individuals or entities to own property or businesses, as opposed to ownership by the government or public bodies.

Public Ownership

The state or condition where assets are owned by the government or a public entity, rather than by private individuals or companies.

Antitrust Laws

Legislation enacted to prevent new monopolies from forming and police those that already exist to protect consumers from predatory business practices.