What Is a Condition That Needs to Be Met in Order

question 66

Multiple Choice

What is a condition that needs to be met in order for an organization to use empowerment?

• A) Power is concentrated in the upper levels of the organization.
• B) Employees must prove that they attended an ethics training program.
• C) Legitimate power is the basis of all organizational decisions.
• D) The person empowered must exhibit characteristics of a visionary.
• E) The person empowered needs to acquire the relevant skills.

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Definitions:

Housing Prices

The monetary values assigned to homes and apartments in the real estate market, influenced by factors such as location, demand, and economic conditions.

Low-interest Rate Policy

A monetary policy approach where central banks set lower interest rates to stimulate economic growth by encouraging borrowing and investment.

Fixed-rate

Refers to an interest rate that remains constant over the duration of the loan, bond, mortgage, or other financial instrument.

Sub-prime Mortgages

Loans offered to individuals with poorer credit histories or a higher risk of defaulting, usually at higher interest rates.