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The Value-Based Management (VBM) Technique Takes a Holistic Approach to the Management

question 28

True/False

The value-based management (VBM) technique takes a holistic approach to the management of an organisation and focuses on the underlying 'drivers' of value.


Definitions:

Dedicated

Being committed and devoted to a task or purpose with a significant amount of effort and enthusiasm.

Job Enlargement

Increases task variety by combining into one job two or more tasks previously assigned to separate workers.

Task Variety

The degree to which a job involves a range of different activities requiring different skills.

Separate Workers

The process or policy of keeping workers apart from each other, possibly based on roles, tasks, or certain conditions.

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