Employee Empowerment Is

question 172

Multiple Choice

Employee empowerment is

• A) the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.
• B) an ongoing commitment to improving products and processes in the pursuit of ever-increasing customer satisfaction.
• C) a program certifying that a factory,laboratory,or office has met the quality management standards of the International Organization for Standardization.
• D) a certification program attesting to the fact that a factory,laboratory,or office has improved environmental performance.
• E) the concept that all employees are valuable contributors to a firm's business,and should be entrusted with decisions regarding their work.

Discern the impact of corporate decisions on minority shareholders and procedures to address grievances.

Comprehend the statutory and common law rules governing the disclosure of interests and conflicts of interest for corporate directors and officers.

Understand the effects of tariffs, quotas, and free-trade agreements on international trade.

Identify key international agreements and organizations that promote free trade.

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Definitions:

Job Order Cost Accounting System

A method used in accounting to track the expenses and revenues of specific jobs or orders, allowing businesses to calculate the profitability of individual jobs.