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:

Payee's Bank

The bank where the recipient of a check or electronic payment has an account, responsible for processing and clearing the payment.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check, bill of exchange, or promissory note, and has the right to receive the amount specified therein from the payer.

For Deposit Only

An endorsement on a check specifying that the check must be deposited into an account and not cashed.

Negotiation

The process in which two or more parties discuss an issue with the aim of reaching a mutually acceptable agreement.