OD Is an Approach to Change in the Organization Based

question 1

True/False

OD is an approach to change in the organization based in the psychological sciences.

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Definitions:

Monitoring Policies

The procedures implemented to continuously review and ensure that practices and activities within an organization comply with laws, regulations, and internal standards.

Cost-Benefit Considerations

The process of comparing the costs and benefits of a decision, project, or investment to assess its feasibility or profitability.

Internal Control

Procedures and processes implemented by a business to safeguard assets, ensure accurate and reliable financial reporting, and promote compliance with laws and regulations.

Sarbanes-Oxley

A U.S. law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.