Participative Management Includes

question 16

Multiple Choice

Participative management includes

• A)workers setting targets with co-workers.
• B)subordinates reporting to supervisors.
• C)workers participating as team leaders.
• D)subordinates sharing decision-making with immediate superiors.
• E)workers sitting on the board of directors.

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Definitions:

Diversification

A risk management strategy involving the allocation of investments among various financial assets, industries, or other categories to reduce exposure to any single asset or risk.

Joint Ventures

A type of business agreement involving two or more parties that pool their resources for the purpose of accomplishing a specific task.

Logistics

The detailed organization and implementation of a complex operation involving the movement of goods, services, or information from origin to consumption.

Conflicting Business Laws

Situations where different laws or regulations, possibly from different jurisdictions, apply to the same business activity, creating a conflict that businesses must navigate.