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An Underlying Assumption in Most OD Programs Is That as the Individual

question 48

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An underlying assumption in most OD programs is that as the individual becomes more effective,the greater the probability that he or she will be promoted to higher ranks of influence and power,and therefore the organization as a whole will become more effective.


Definitions:

Cash Short and Over

An account that records the discrepancies between the actual amount of cash received and the expected amount as per records.

Money Market Accounts

Financial accounts that typically offer higher interest rates than savings accounts, while providing the account holder with limited check-writing ability.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

Petty Cash

A small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

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