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:

Pepsi

A carbonated soft drink manufactured by PepsiCo, known for being one of the most popular cola beverages globally alongside Coca-Cola.

Coke

A fuel with a high carbon content and few impurities, made by heating coal in the absence of air, used mainly in steel manufacturing.

Income Effect

The alteration in the income of either a person or an economy and the impact this change has on the demand for a specific product or service.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.