Answer the following statement(s) true (T) or false (F)

1. It is proposed that an outcome of organization development is organizational effectiveness.
2. Large-scale organizational change is often simple and met without skepticism.
3. To become effective, productive, and satisfying to members, organizations need to change.
4. OD is not concerned with a diverse variety of issues to address problems involving organizations, teams, or individuals.
5. OD is the same as management consulting.


1. True
2. False
3. True
4. False
5. False

Business

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A partnership began on January 1, 2020, with two partners Mary Snow and Scott Lucas. Mary contributed $53,000 cash and Scott contributed equipment with a fair market value of $33,000. The partners share profits and losses 60:40, with Mary receiving 60%. Partners' withdrawals were $11,000 by Mary and $5500 by Scott. Net income for 2020 was $54,000. What is the balance in Mary's capital account at December 31, 2020?

A) $74,400 B) $21,400 C) $53,000 D) $32,400

Business

Victoria's Closet, a manufacturer of bohemian-style clothing and accessories, sells its products through its online Web site, a catalogue, and specialty boutiques that target women

Which kind of channel arrangement does Victoria's Closet employ to distribute its products? A) horizontal marketing system B) multichannel distribution system C) administered vertical marketing system D) contractual vertical marketing system E) corporate vertical marketing system

Business

Which ISO standard concerns environmental management?

a. 9000 b. 14000 c. 15000 d. 16000

Business

Cycle time is the maximum time that the product is allowed at each workstation

Indicate whether the statement is true or false

Business