The Use of Force Field Analysis Is Especially Appropriate for the Open

question 32

Multiple Choice

The use of force field analysis is especially appropriate for the open systems quadrant of the competing values framework because the open systems model

• A)Assumes that all organizational changes should be the result of changes in the external environment
• B)Assumes that when the external environment changes the internal environment should also change
• C)Assumes that when the external environment changes, it is critical to maintain stability inside the organization
• D)Assumes that all organizational changes should be the result of internal initiatives focused on efficiency
• E)Assumes that when the external environment changes, the organization needs to ensure that its strategies are still aligned with the current environment

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Definitions:

Fractional Reserve

A banking system in which banks hold a fraction of the deposits as reserves, lending the rest to generate profit.

Reserves

Assets kept on hand by a bank or financial institution to meet emergency needs or regulatory requirements.

Transactions Demand

The demand for money for the purpose of carrying out transactions or day-to-day expenditures.

Medium Of Exchange

An intermediary instrument, such as currency or digital tokens, used to facilitate the sale, purchase, or trade of goods and services between parties.