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The Best Reason for Using a Systems Approach in OD

question 55

Multiple Choice

The best reason for using a systems approach in OD is _____.

Understand the concept of electronic funds transfer (EFT) and its importance.
Recognize the need for journal entries post-reconciliation to update the book balance.
Differentiate between debit and credit memorandums in the context of bank transactions.
Understand the setup and replenishment process of a petty cash fund.

Definitions:

Social IOUs

Informal obligations or debts of favor acquired through social interactions and networking, often leveraged for mutual benefit in personal or professional contexts.

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the organization or individuals within it.

Groupthink

A psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

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