Which of These Is an Important Characteristic Shared by Organizational

question 65

Multiple Choice

Which of these is an important characteristic shared by organizational development (OD) programs?

• A)They are supported and initiated by top management.
• B)They involve a short-term process.
• C)They involve only the CEO.
• D)They focus on the importance of having a strong hierarchy.

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Definitions:

Goodwill

An intangible asset that arises when a company is purchased for more than the fair market value of its net assets, often attributed to reputation, brand, or intellectual property.

Entire Business

The complete operational structure of a company, including all assets, liabilities, operations, and activities.

Natural Resources

Resources that occur naturally in the environment and are utilized for economic gain, such as water, minerals, forests, and fossil fuels.

Land Improvements

Enhancements made to a plot of land to increase its value, which include landscaping, paving, and installing utilities.