What Is Another Advantage of Empowerment

question 42

Multiple Choice

What is another advantage of empowerment?

• A) It provides a morale boost to inexperienced or failing employees.
• B) It hides internal problems from the customer.
• C) It requires frontline employees in an organization to decrease contact with their managers.
• D) It is an intangible way that service organizations reward employees.

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Definitions:

Cash Withdrawal

The process of taking out cash from a bank account or the act of receiving cash from any fund, essentially reducing the balance.

T Accounts

A visual representation used in accounting to depict debits and credits for individual accounts, resembling the letter "T".

Horizontal Analysis

Horizontal analysis is a financial analysis tool used to compare financial data, such as revenues or balance sheet numbers, over multiple periods to identify trends and growth patterns.

Income Statements

A financial statement that shows a company's revenues, expenses, and profit over a specific period.