You Have Read About the Merits of Employee Recognition Programs

question 48

Multiple Choice

You have read about the merits of employee recognition programs.While you have a somewhat limited budget,you are willing to implement a program in your department. Which of the following may be a reason why you would want to adopt participative management instead of representative participation?

• A)It has a better chance of improving employee performance
• B)It has been found to have a large impact on reducing turnover rates
• C)It enables a redistribution of power in the workplace
• D)It provides a system where management are able to retain control

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Definitions:

Obligation

A duty or commitment to fulfill an agreement, such as repaying a loan or delivering goods or services as contracted.

Liability

A financial obligation or debt that a company or individual owes to another entity.

Gross Profit

The financial metric calculated by subtracting the cost of goods sold from net sales, representing the profit made before deducting operating expenses.

Cost of Goods Sold

The immediate expenses linked to the creation of products a business sells, comprising both material costs and labor charges.