blends Japanese and American management practices into a hybrid approach which calls for long-term employment, collective decision making, and individual responsibility for the outcome of decisions.

Question

Quizplus · Accepted Answer

Theory Z is a management approach that was developed by William Ouchi in the 1980s, which blends Japanese and American management practices. It emphasizes long-term employment, collective decision making, and individual responsibility for the outcome of decisions. Therefore, Theory Z is the best choice that fits the given description. Theory A, Theory X, and Theory Y do not include the specific management practices mentioned in the question.

Blends Japanese and American Management Practices into a Hybrid Approach