Which Weakness of How OD Is Practiced Today Relates to Jumping

question 39

Multiple Choice

Which weakness of how OD is practiced today relates to jumping on bandwagons and risking its identity?

• A) Different definitions
• B) Rapid adoption of latest techniques or technologies
• C) Challenge of business-oriented values
• D) Lack of consistency in set of skills and competencies

Recognize the role and impact of resource allocation through the production possibilities curve and budget lines.

Identify the factors that influence economic decisions and behaviors, including marginal analysis and opportunity costs.

Understand the basic economic problem of scarcity and how it requires choices that entail opportunity costs.

Describe the functions of entrepreneurs in the economy and differentiate between various economic resources.