The Organizational Development Approach Refers to Developing Employees' Competencies

question 61

True/False

The organizational development approach refers to developing employees' competencies
to solve problems by enabling them to identify and become emotionally committed to improving the performance of the firm.

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Definitions:

Accounting Records

Documents and books that keep track of all financial transactions of an entity for the purpose of financial reporting.

Company Asset

Assets owned by a company, including both tangible and intangible resources, used in operating the business.

Internal Control

A process designed to provide reasonable assurance regarding the achievement of objectives related to operations, reporting, and compliance.

Safeguards

Measures or controls put in place to protect against unauthorized access, damage, or theft.