As a dynamic system, an organisation can do everything except A. change over time. B. redesign its compensation policy. C. close off its boundaries to the environment and outside disturbance. D. restructure its sources of financing.

Change that affects an entire organizational system or several of its units is called what?a.)Strategic changeb.)System-level changec.)Unit-based changed.)Organization-level change

An approach to change that emphasizes the bottom-up, emergent approach to the design of change, relying on the ability of people to self-manage and adapt to their local circumstances, is called what?a.)Complex adaptive systems modelb.)Consolidated change modelc.)Organizational development modeld.)Lewin’s change model

4. What strategies can we employ to stay flexible and adaptable in response to changes in the business environment after completing our analysis?

Dynamic systems have a state that is ever changing as a result of changes in state variables.In your own understanding describe the terms system, system state, and state variable givingan example from Banking system. (6 Marks)

Organizational resistance can also impede the change process. Organizations have built-in mechanisms—such as their selection processes and formalized regulations—to produce stability. When an organization is confronted with change, structural _______ acts as a counterbalance to sustain stability.A.elasticityB.inertiaC.flexibilityD.concern