Participative Management Is a Method of Management Where ________

question 9

Multiple Choice

Participative management is a method of management where ________.

• A) representatives of workers form work councils and these councils must be consulted when management makes decisions about employees
• B) few representatives of workers sit on a company's board of directors
• C) subordinates share a significant degree of decision-making power with their immediate superiors
• D) low-level workers meet occasionally with the CEO to discuss problems within their department
• E) low-level workers are responsible for making corporate policy decisions

---

Definitions:

Incremental Manufacturing Cost

The additional costs incurred to produce an additional unit of product, including materials, labor, and overheads.

Product Costs

Product costs are the costs directly associated with the production of goods, including direct materials, direct labor, and manufacturing overhead.

Period Costs

Expenses that are not directly tied to the production of goods, such as administrative and selling expenses, and are expensed in the period they are incurred.

Period Costs

Expenses that are not directly tied to production activities and are expensed in the period they are incurred, such as administrative and selling expenses.