In Participative Management

question 45

Multiple Choice

In participative management

• A) all top-level managers participate in profit sharing.
• B) an authoritarian management model is used.
• C) teams are discouraged in favor of individual achievement.
• D) employees are involved in the company's decision making.

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Definitions:

Market Share

The portion of a market controlled by a particular company or product.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, not necessarily coinciding with the calendar year.

Sales

The activity or business of selling products or services.

Partnership

A sanctioned business arrangement in which two or more persons co-manage and equally divide profits.