Describe what OD is and what it can be used for.
What will be an ideal response?
OD (organizational development) is a set of techniques for implementing planned change to make people and organizations more effective. OD focuses specifically on people in the change process. (Some scholars use the term "organizational development" for techniques designed to improve organizational effectiveness, and the term "change management" for techniques designed to improve people effectiveness—that is, techniques that will help people to adopt new mindsets, policies, practices, and behaviors to deliver organizational results.) Often OD is put into practice by a change agent, who is a consultant with a background in behavioral sciences who can be a catalyst in helping organizations deal with old problems in new ways.
OD can be used to address a variety of problems in organizations, including managing conflict, revitalizing an organization, and adapting to mergers and acquisitions.
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Twenty percent of the employees of a large company are recent college graduates. Use the normal approximation of the binomial probabilities to answer the following questions. What is the probability that in a random sample of 80 employees a.exactly 15 will be recent college graduates?b.14 or more will be recent college graduates?c.15 or fewer will be recent college graduates?d.18 or more will be recent college graduatese.exactly 17 will be recent college graduates?
What will be an ideal response?
In September 2001, technology company Hewlett-Packard (HP) announced a proposal to acquire Compaq Computer Corporation for $25 billion in stock. It offered shareholders a deal whereby they could exchange one Compaq share for one HP share
At the time, HP shares were worth 18% more than Compaq shares. In March 2002, shareholders narrowly approved the takeover. What type of acquisition took place in this situation? Explain what happens in this type of an acquisition.
Fred is a floor worker in a tool manufacturing company. He operates and monitors machines; measures, shapes, and trims different parts used for production; and plays a significant role in the manufacturing process. In the context of organizational authority, which of the following functions does Fred most likely perform?
A) A support function B) A staff function C) A line function D) An advisory function
Relative frequency probabilities indicate how often an event will occur compared to other events
Indicate whether the statement is true or false