Describe the unfreezing stage of organizational development.
What will be an ideal response?
The first stage of organizational development, unfreezing, makes people throughout the organization aware of problems and the need for change. This stage creates the motivation for people to change their attitudes and behaviors. Unfreezing may begin when managers present information that shows discrepancies between desired behaviors or performance and the current state of affairs. In addition, managers need to establish a sense of urgency to unfreeze people and create an openness and willingness to change. The unfreezing stage is often associated with diagnosis, which uses an outside expert called a change agent. The change agent is an OD specialist who performs a systematic diagnosis of the organization and identifies work-related problems.
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Describe an internal control that would prevent the payment of insurance premiums on an automobile that is no longer owned by the company
Participative budgeting results in setting unattainable standards
Indicate whether the statement is true or false
How does a free and competitive market help in attaining utilitarian goals?
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. The three functions of money are: acceptability, divisibility, and portability. 2. In order to be useful as medium of exchange money should have the following characteristics: acceptability, divisibility, portability, durability, stability, and scarcity. 3. In order to serve as an effective medium of exchange there should be an unlimited supply of money. 4. The M1 supply of money includes time deposits and money market accounts. 5. Currency only represents about 30 percent of M1.