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

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Definitions:

Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a ratio or percentage.

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures.

Buyer

An individual or entity that purchases goods or services for personal use or consumption.

Tax

Tax is a compulsory financial charge levied by a government on individuals, corporations, or transactions to fund public expenditures.