The Specific Intention of Organisation Development Must Be to Improve

question 32

Multiple Choice

The specific intention of organisation development must be to improve organisation effectiveness.This point excludes changes that

• A) merely seek to reduce costs.
• B) merely imitate what others have done.
• C) sound good in theory but don't work in practice.
• D) do not bring about increased dividends for shareholders.
• E) None of these are correct.

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Definitions:

Aggregate Demand

The total demand for all goods and services in an economy at a given general price level and in a given time period.

Aggregate Supply

The aggregate output of goods and services that companies in a national economy aim to market within a given timeframe.

Classical Economic Theory

A broad school of thought in economics that emphasizes the role of market forces and the flexibility of prices in achieving economic equilibrium, advocating minimal government intervention.

Stagflation

A situation in an economy where the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.