Revlex Inc

question 53

Multiple Choice

Revlex Inc.has decided to allow its front-line workers to make decisions regarding the ordering of certain supplies that were formerly made by managers.This initiative is an example of

• A) workplace incentives.
• B) a change in organizational climate.
• C) job restructuring.
• D) employee empowerment.
• E) management development.

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Definitions:

Honey

A sweet, viscous food substance made by bees from the nectar of flowers.

Expectation

The anticipation or belief regarding the future performance of the economy, markets, or individual financial assets.

CDs

Certificates of Deposit, a financial product offered by banks that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period.

Price Increase

A rise in the cost of goods or services.