A Learning Perspective Views Change As

question 1

Multiple Choice

A learning perspective views change as:

• A)occurring through a series of leaps of faith
• B)using feedback to inform previous actions
• C)achieving only small results from large steps,due to resistance to change
• D)using feedback to alter the organisation's behaviour

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time.

Cost of Borrowing

The total expenses that a borrower incurs to take out a loan, including interest payments, fees, and any other charges.

Cyclical Unemployment

People who are out of work because of a cyclical contraction in the economy.

Recent Recession

Refers to the period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in successive quarters.