Which Statement Best Summarizes the Components of Empowerment as Defined

question 36

Multiple Choice

Which statement best summarizes the components of empowerment as defined by the authors?

• A)Leaders delegate leadership and decision making down to the lowest level possible and equip followers with the resources,knowledge,and skills necessary to make good decisions.
• B)Leaders articulate a vision and specific goals and hold followers responsible for achieving them.
• C)Followers act as entrepreneurs and owners who question rules and make intelligent decisions.
• D)Empowerment is a bottom-up approach that focuses on intelligent risk taking,growth,change,trust,and ownership.

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Definitions:

Financial Statements

Financial Statements are formal records of the financial activities of a business, person, or other entity, presenting the financial performance and position at a point in time and over a period.

Salvage Value

The projected remaining value of an asset upon reaching the end of its productive lifespan, utilized to compute depreciation.

Book Value

The net value of a company's assets minus its liabilities, often used to estimate the company's worth if it were liquidated.

Capital-intensive

Capital-intensive describes a business process or industry that requires large amounts of capital investment in heavy machinery and equipment to produce goods or services.