Learning Organizations Adapt to Change Through Their Ability to Be

question 1

Multiple Choice

Learning organizations adapt to change through their ability to be open, dynamic, and responsive to changes in the environment. Which of the following learning disciplines are true of these types of organizations? (Select all that apply.)

• A) Learning is conducted in individual parts rather than in groups.
• B) Viewing the organization as an interrelated system is known as systems thinking.
• C) Individuals utilize mental models to understand how their vision affects their decisions and actions.
• D) Shared vision is conducted within a group to determine plans to get to the preferred future.
• E) Personal mastery encourages individuals to create results as they see fit.

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Definitions:

Purchased Inventory

Inventory items that are bought from suppliers and used in the production of goods or services.

Acid-test Ratio

A liquidity metric that measures a company's ability to pay off its current liabilities without relying on the sale of inventory.

Total Prepaid Expenses

Total prepaid expenses refer to the cumulative amount of expenses paid in advance for goods or services to be received in the future, recorded as assets on the balance sheet.

Total Liabilities

The aggregate of all debts and financial obligations owed by a company to creditors at a given point in time.