Many Companies Find That a Trend Called Empowerment,which Gives Employees

question 29

True/False

Many companies find that a trend called empowerment,which gives employees more responsibility and accountability,improves employee motivation and increases customer satisfaction.

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Definitions:

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to customers.

Inventory

The goods and materials a business holds for the ultimate goal of resale or processing.

February

Known as the second month in the Gregorian calendar, it has 28 days in standard years and 29 days in years classified as leap years.

Unit Product Cost

The total cost associated with producing one unit of product, calculated by summing all relevant variable and fixed costs.