All of the Following Are Guidelines for Implementing an Empowerment

question 58

Multiple Choice

All of the following are guidelines for implementing an empowerment program except:

• A)create opportunities for employees to participate in significant problem solving
• B)remove tight controls
• C)allow failure and offer constructive criticism
• D)set modest goals

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Definitions:

Production Budget

A financial plan that estimates the number of units that need to be manufactured to meet sales goals and inventory requirements.

Cash Budget

An estimate of cash inflows and outflows for a business or project over a specific period of time, used for managing liquidity and ensuring financial stability.

Cash Receipts

The total amount of money received by a company during a specific period, including all sources of income.

Direct Labor-Hours

The aggregate amount of time spent by staff members directly participating in the creation process.