Ben Received a $5,000 Tuition Scholarship from His Local Community

question 69

True/False

Ben received a $5,000 tuition scholarship from his local community college. He can exclude the $5,000 from gross income.

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Definitions:

External Problems

Issues or challenges that originate outside of an organization which can impact its performance or operations, such as market competition, regulations, or economic conditions.

Organizational Development (OD)

A planned, organization-wide effort to increase an organization's effectiveness and health through interventions in its processes, utilizing behavioral science knowledge.

Organization's Culture

The set of shared beliefs, values, norms, and practices that shapes the behavior and thinking of all members within an organization.

Unfreeze, Change, Refreeze

A three-stage model in change management where 'unfreeze' means preparing for change, 'change' is the implementation of the change, and 'refreeze' is solidifying or stabilizing the change.