When Managers Pass Through Work Areas and Talk Informally with Workers,this

question 43

Multiple Choice

When managers pass through work areas and talk informally with workers,this is known as:

• A)Management by exception
• B)MBO
• C)Micromanaging
• D)Empowerment
• E)Management by wandering around

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Definitions:

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.

Collateral

An asset that a borrower offers to a lender to secure a loan, which the lender can seize if the loan is not repaid.