Managers Have to Find Ways to Empower Employees and Encourage

question 62

Multiple Choice

Managers have to find ways to empower employees and encourage their participation and involvement to more fully utilize human capital because:

• A)employees are required to cut down on administrative costs.
• B)firms are moving away from team-based structures.
• C)employee skills often go unused.
• D)managers want to avoid competing through people.

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Definitions:

Margin Error

An expression of the amount of random sampling error in a survey's results, which describes the range within which the true value lies with a certain level of confidence.

Margin Error

The maximum expected difference between the true population parameter and a sample estimate of that parameter.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, often expressed in terms of a percentage indicating the degree of confidence.

Random Sampling Errors

Variability in sample statistics from sample to sample due to the method of choosing a random subset of the population.