The Objective of Empowerment Is

question 46

Multiple Choice

The objective of empowerment is:

• A) to direct and control employees.
• B) to tap the intellectual energy of all employees.
• C) to establish a tall organization structure.
• D) to ensure abidance to organizational rules, norms, and SOPs.

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Definitions:

Cash Payments

Monetary transactions involving the transfer of cash from one party to another, usually in exchange for goods or services.

Budgeted Cash Payments

An estimate of all cash payments that a company plans to make over a specified period, often part of a comprehensive budgeting process.

Continuous Twelve-Month Budget

A financial planning document that forecasts revenues and expenses on a rolling monthly basis for a year.

Production Budget

An estimate of the total cost of production, including raw materials, labor, and overhead, for a specific period.