The Adoption of a New Idea or Behaviour by an Organisation

question 120

Multiple Choice

The adoption of a new idea or behaviour by an organisation is known as organisational:

• A) change
• B) development
• C) structure
• D) intervention
• E) responsibility.

Recognize how alterations and errors on negotiable instruments affect their validity and negotiation.

Know who can endorse instruments made payable to entities and the effect of such endorsements.

Understand the implications of specific UCC sections related to notice and knowledge of facts that affect negotiable instruments.

Identify when and how legal principles, such as the shelter principle, apply in cases involving negotiable instruments.

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Definitions:

Directive Leadership

A leadership style characterized by the leader giving clear and specific commands and expecting immediate compliance from subordinates.

Supportive Leadership

Leadership style characterized by providing encouragement, empowerment, and professional support to employees.

Social Value

The total benefit to society from producing or providing a good or service, including both private benefits and any external benefits to the wider community.

Subsidy

Financial assistance granted by the government to support or lower the cost of goods and services.