The Organizational Development Approach to Change Is Characterized by All

question 18

Multiple Choice

The organizational development approach to change is characterized by all of the following except:

• A) developing employees' competencies is the purpose of the organization
• B) leadership is participative
• C) incentives lag performance
• D) structure and strategy are the focus of change

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Definitions:

Accounting Rate

The accounting rate refers to the percentage of return on an investment or project, as determined by accounting methods, which does not necessarily take into account the time value of money.

Cash Flows

The total sum of cash and cash-like assets moving into and out of a company.

Payback Method

An investment appraisal technique that calculates the time required to recover the initial investment from the cash inflows generated by the investment.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.