In a Short Essay, List and Explain Four Common Organisation

question 17

Essay

In a short essay, list and explain four common organisation development (OD) techniques.

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Definitions:

Quality

The standard of something as measured against other similar things; a degree or level of excellence.

Perfect Competition

A market structure characterized by a large number of small firms, homogeneous products, and free entry and exit, leading to price-taking behavior.

Standardized Product

Output of different producers regarded by consumers as the same good; also referred to as a commodity.

Easy Entry And Exit

Characteristics of a market where companies can freely enter or leave without significant barriers or costs.