Empowerment Works Best in Work Environments Where

question 86

Multiple Choice

Empowerment works best in work environments where:

• A)mistakes are quickly identified and punished.
• B)authority and responsibility are given out incremental to the most trusted employees.
• C)managers function as coaches not as bosses.
• D)there is minimal training.

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Definitions:

Residual Dividend Approach

A method used by companies to determine the dividend payments based on the residual or leftover earnings after all operational and investment costs have been met.

Regular Cash Dividend

is a fixed amount paid per share to shareholders, typically on a quarterly basis, from a company's earnings.

Residual Dividend Approach

A policy for setting a company's dividend payment, where the dividend paid is based on earnings minus funds the firm retains to finance the equity portion of its capital budget.

Debt-to-Equity Ratio

A ratio reflecting the comparative amounts of debt and equity used to finance a company’s assets.