Which of the Following Statements Regarding Organisation-Wide Interventions Is FALSE

question 74

Multiple Choice

Which of the following statements regarding organisation-wide interventions is FALSE?

• A) Management by objectives involves formalising goal setting throughout the organisation to link individual, group and organisational objectives.
• B) Process consultation uses third-party observation and advice on critical departmental and team processes.
• C) Confrontation meetings are one-day intensive, structured meetings to gather data on workplace problems and plan for constructive actions.
• D) Survey feedback is a comprehensive and systematic data collection method to identify attitudes and needs, analyse results and plan for constructive action.
• E) Structural redesign involves realigning the organisation structure to meet the needs of environmental and contextual forces.

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Definitions:

Consumer Surplus

The rift between what consumers are economically prepared to spend on a service or product and their actual spending.

Consumer Surplus

The divergence between the total consumers can and are willing to pay for a product or service and what they truly pay.

Binding Price Floor

A government-imposed minimum price set above the equilibrium price, resulting in a surplus by preventing the market price from falling to its natural level.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting the value they place on it.