An Appropriate Organization Development Technique When the Organization Is Large

question 61

Multiple Choice

An appropriate organization development technique when the organization is large and the objective is to reach as many employees as possible is:

• A)management by objectives
• B)team building
• C)process consultation
• D)survey feedback

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Definitions:

Fair Value

The price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Cash Consideration

The total amount of cash that is paid or received during a transaction, such as buying an asset or settling a liability.

Net Realisable Value

The estimated selling price in the ordinary course of business less the estimated costs of completion and the estimated costs necessary to make the sale.

Relevant Exchange Rates

Exchange rates that are applied to convert foreign currencies into the reporting currency, crucial for accurately recording transactions in financial statements.