Which of the following statements relative to OD and the management of change are true?

a. Theory has little application in the real world of business.
b. Theory is, by definition, very abstract and quite difficult to understand.
c. The value of OD is that it provides a systematic approach for the management of change.
d. It is better to apply no theory at all than to apply a theory that has not been proven successful.
e. Management and theories tend to be mutually exclusive.

c

Business

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The incremental cost of building the next unit of a good is called the:

A) Law of One Price. B) variable cost. C) marginal cost. D) fixed cost.

Business

Which of the following user groups will use managerial accounting information for decision-making purposes?

A) Customers B) Lenders C) Employees D) Stockholders

Business