What is open-book management?
It is a philosophy about increasing a firm's performance by involving all workers and ensuring that all workers have access to operational and financial information necessary to achieve performance improvements.
You might also like to view...
Which of the following would BEST capture the attention of the audience in an introduction to a speech about diversity in the workplace?
a. First of all, I would like to thank you for the opportunity to speak today on "Diversity in the Workplace.". b. My name is John Smith, and today I will speak to you about managing intercultural workforces. c. My name is John Smith, and I have 15 years of experience managing intercultural workforces. d. How many of you were born outside the U.S.? Let's see a show of hands.
Types of knowledge include
A) tacit. B) explicit. C) procedural. D) all of the above.
When an international sale is made, the parties often set forth in their contract which country's law will govern a dispute
Indicate whether the statement is true or false
Company Z has an organizational hierarchy with salespeople at the bottom, who report to regional sales managers, who in turn report to a director of marketing. The director of marketing reports to the CEO. This is an example of which of Fayol's principles of management?
A. equity B. division of labor C. centralization D. line of authority E. discipline