Inputs,strategic Plans,target Elements of Change,and Outputs Are the Four Components

question 46

True/False

Inputs,strategic plans,target elements of change,and outputs are the four components of the organization development process of change.

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Definitions:

Inflation

The speed at which the general cost level for goods and services ascends, weakening purchase potency.

Policy Change

Adjustments or modifications made to existing rules, regulations, or guidelines within an organization, government, or system.

Monetary Policy

Actions by a central bank to control the money supply and interest rates in order to influence economic activity.

Fiscal Policy

Government policy regarding taxation and spending, aimed at influencing the economy.