Open book management is the practice of sharing with employees at all levels of an organization vital information previously meant for management's eyes only.
Open book management (OBM) is defined as empowering every employee of an organization with required knowledge about the processes, adequate training and powers to make better decisions which would help them in running a business.
Open-book management is underlined by the theory that workers are more motivated and productive when they are treated as business partners – who traditionally have access to financial data – rather than employees. Open-book management nearly always improves near-term financial results. OBM is that it makes a company stronger over the long haul.
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Answer: Option E
Explanation: In simple words, physical evidence refers to the environment in which the customer and the seller met with the objective of exchanging services and money.
It is a important aspect of marketing mix as the success of the transaction that highly depends on the environment under which it takes place.
In the given case, Alicia and Jordan were fascinated by the special aura of the restaurant.
Hence from the above we can conclude that the correct option is E.
Answer:
The correct answer is C
Explanation:
Equity method is the method which involve the process for treating the investment in the associate companies. The proportional share of investor, in the associate company's net income income increases the investment whereas net loss decreases the investment and the proportional payments of dividends decrease it.
So, in this case, the Armando company owning the 17,000 of the 70,000 shares of Tito company, therefore, the investment should be accounted by the equity method.
Answer:
Explanation:
Insurance protects people. Many federal government programs protect people from losses. So the government can be considered as offering insurance. For example workers pay into a program which will provide payments during emergencies. Another case is federal taxes which fund various financial assistance programs. In conclusion, the federal government provide "insurance" to people.
Answer: uses prices, competition, and exchange relationships to regulate activities.
Explanation:
Market control involves using pricing mechanisms and exchange relations for the regulation of organizational activities. In market control, competition, prices, and exchange relationships are used to regulate the activities.
The option about the assumption that the interests of the organization and individuals naturally diverge is the clan control.
