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The Goal of Empowerment in the Work Environment Is to Prevent

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The goal of empowerment in the work environment is to prevent mistakes.Mistakes can be prevented by giving management more control over the actions of lower-level workers.


Definitions:

Income Statement

A financial report that gives a summary of a company's revenues, expenses, and profits/losses over a specific period, highlighting operational performance.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the company's financial position.

Rental Income

Rental income refers to the revenue received from leasing property or other assets to tenants.

Income Statement

A financial report that shows a company's revenues, expenses, and profit or loss over a specific period of time.

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