Three Major Trends Are Shaping Change in Organisations

question 8

Multiple Choice

Three major trends are shaping change in organisations:

• A)globalisation, information technology and managerial innovation
• B)globalisation, strategic change and leadership change
• C)political, technological and cultural change
• D)structural, technical and cultural change
• E)political, technical and cultural change

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Definitions:

Reserve Requirements

Central bank regulations that set the minimum fraction of customer deposits and notes that each commercial bank must hold as reserves rather than lend or invest.

Checking Accounts

Bank accounts that allow for easy access to funds through checks, debit cards, and electronic transfers, used for daily transactions.

Open Market Operations

Central bank activities involving buying and selling government securities in the marketplace to influence the money supply and interest rates.

Money Supply

The all-inclusive measure of monetary resources present in an economy at a specific juncture.