The practice of sharing with employees at all levels of the organization vital information previously meant for management's eyes only is known as
A)open-book management.
B)vertical communication.
C)virtual office.
D)boundaryless organization.
E)media richness.

Question

Quizplus · Accepted Answer

Open-book management refers to the practice of sharing financial and other vital information with all employees in an organization, rather than restricting it solely to top-level management. This approach helps build trust and transparency among the workforce, and empowers employees to take ownership of their roles and work towards achieving organizational goals.

The Practice of Sharing with Employees at All Levels of the Organization