Organisation Development (OD) Interventions in Organisations Implementing a Global Strategic

question 8

Multiple Choice

Organisation development (OD) interventions in organisations implementing a global strategic orientation will most likely focus on:

• A)efficiency
• B)interpersonal relationships between the parent country and the subsidiary officer
• C)decentralising decision-making policies
• D)clarifying geocentric personnel policies
• E)all of the above

Realize the significance of defect rates and tolerance ranges in maintaining product quality.

Familiarize with benchmarking as a tool for continuous improvement through external comparisons.

Understand the concepts of reorder point, reorder quantity, lead time, and their importance in inventory management.

Grasp the factors affecting inventory needs and how they impact small business operations.

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Definitions:

Projected Benefit Obligation

The present value of estimated future pension benefits owed to employees, based on expected salary increases.

Prior Service Cost

Costs that arise when a pension plan is amended to increase benefits for employee service provided in prior periods, recognized over the service periods of affected employees.

Unrecognized Prior Service Cost

Costs associated with retroactive benefits granted in pension plans, which are not immediately recognized as an expense but are amortized over time.

Years-Of-Future-Service Method

An actuarial technique used to calculate pension benefits, taking into account the expected years of service remaining for an employee.