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:

Japanese Yen

The official currency of Japan, known globally as a major currency for trade and finance.

U.S. Goods

Products that are produced, manufactured, or assembled in the United States.

Foreign Capital Inflow

The entry of investment from external sources into a country, typically in the form of foreign direct investment (FDI), portfolio investment, or loans, contributing to economic development.

Foreign Exchange Reserves

Assets held on reserve by a central bank in foreign currencies, used to back liabilities and influence monetary policy.