Organisation Development

question 51

Multiple Choice

Organisation development

• A) focuses on technological change.
• B) has yet to emerge as a distinct field of study.
• C) works best as a spontaneous process.
• D) is designed to combat unwanted change.
• E) is the process of planned change using scientific knowledge.

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Definitions:

Traditional Management Accounting

An approach to management accounting that focuses on cost control, financial analysis, and budgetary control, often using standard costing and variance analysis.

Financial Performance Measures

Metrics used to evaluate an entity's financial health and business performance, such as profitability ratios, liquidity ratios, and solvency ratios.

Volume-Related Activity

Activities within a manufacturing or production process that vary directly with the volume of output.

Cost Control

The process of monitoring and reducing business expenses to increase profits.