Empowerment Only Enhances Organizational Effectiveness If Certain Conditions Exist

question 14

True/False

Empowerment only enhances organizational effectiveness if certain conditions exist.One of the conditions is that the organization must be sincere in if efforts to spread power and autonomy to lower levels of the organization.

---

Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Net Loss

The amount by which total expenses exceed total revenues for a business over a specified period, indicating financial performance.

Nominal Accounts

Accounts that are closed at the end of each accounting period, including revenue, expense, and withdrawal accounts.

Temporary Accounts

Accounts used to track transactions in a single accounting period, which are closed and transferred to permanent accounts at the end of the period.