What is management development? What is organizational development? What methods are used for each?
What will be an ideal response?
Answer: Management development is any attempt to improve managerial performance by imparting knowledge, changing attitudes, or increasing skills. It includes in-house programs such as courses, coaching, and rotational assignments; professional programs such as SHRM seminars; and university programs such as executive MBA programs. Managerial on-the-job training, action learning, case study, and management games are other types of management development methods that are frequently used by firms. Organizational development (OD) is a change process through which employees diagnose and formulate the change that's required and implement it, often with the assistance of trained consultants. Specific examples of OD programs include survey feedback, sensitivity training, and team building.
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The Family and Medical Leave Act requires employers to provide 12 weeks of unpaid leave for medical and family reasons, including for childbirth, adoption, or family emergency.
a. True b. False
When a company uses the allowance method to measure bad debts, ________
A) the Bad Debts Expense account is debited when an account is written off B) the amount of bad debts expense is estimated at the end of the accounting period C) the Allowance for Bad Debts account balance is added to the balance of the Accounts Receivable account to arrive at the net realizable value D) the Allowance for Bad Debts account is debited when the bad debts expense is estimated