'Participative Management' Means Employees Are Part of the Decision-Making Process

question 217

True/False

'Participative management' means employees are part of the decision-making process taking place within an organisation.

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Definitions:

Stakeholder Input

The contributions, feedback, or opinions provided by individuals or groups affected by the decisions or activities of an organization.

Ethics Audit

A systematic evaluation of an organization's ethical policies, practices, and culture to identify strengths, weaknesses, and areas for improvement.

Ethics Audit

An in-depth examination of how an organization's actions align with its stated ethical guidelines, aimed to uncover areas requiring enhancement.

Financial Audit Committee

A subgroup of a company’s board of directors focused on overseeing the financial reporting and disclosure process.