Organizational Development Is a Change Process Through Which Employees Formulate

question 83

True/False

Organizational development is a change process through which employees formulate the change that's required and implement it,often with the assistance of trained consultants.

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Definitions:

Inflation

A sustained increase in the general price level of goods and services in an economy over a period of time, leading to a decrease in the purchasing power of currency.

Government Policies

Government policies are the actions and strategies that governments implement to achieve specific objectives, including economic stability, growth, and social welfare.

Efficiency

The ability to achieve a desired result without wasted energy or resources.

Quantity of Money

The sum of cash and bank deposits circulating in an economy at a particular moment.