Which of the Following Is Included as One of the Important

question 41

Multiple Choice

Which of the following is included as one of the important ideas in the definition of OD?

• A)planning
• B)providing direction and leadership from top levels of the organization
• C)attaining organizational effectiveness
• D)organization wide
• E)all of the above

Know the fundamental legal and ethical principles guiding employment equity and diversity management, including human rights legislation.

Understand the principles and legislation behind pay equity including the misconception that pay equity equates to equal pay for identical work.

Recognize the function and limitations of the Canadian Human Rights Commission (CHRC) within the context of human rights and discrimination complaints.

Discriminate between the scopes of federal and provincial human rights laws and their application in different industries.

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Definitions:

Compounded Semi-Annually

An interest calculation method where interest is added to the principal sum of a deposit or loan at mid-year and end-of-year, resulting in interest earning interest.

Guaranteed Contract

An agreement ensuring certain terms are fulfilled, often used in the context of employment contracts guaranteeing payment.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Compounded Monthly

Interest calculation method where interest is added to the principal sum at the end of each month, leading to interest on interest.