Empowerment Is

question 17

Multiple Choice

Empowerment is

• A) a process that eliminates the need for management
• B) allowing all employees to make any decision they want
• C) delegated to management only
• D) a feeling of partnership in which employees feel responsible for their jobs and have a stake in the organization's success

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Definitions:

Social Entrepreneurship

The practice of starting businesses and organizations with the aim to address and solve social issues and challenges.

Minority-Owned Businesses

Companies that are owned, operated, and controlled by individuals from ethnic or racial minority groups.

Corporate Social Responsibility

A business model where companies integrate social and environmental concerns in their operations and interactions with stakeholders.

Business Costs

Business costs entail the expenses associated with the day-to-day operations of a business, including but not limited to production, labor, materials, and overhead costs.