Theory Z is characterized by slow, rather than rapid promotions; collective decision making; and general, rather than specialized career paths.

Question

Quizplus · Accepted Answer

Theory Z was developed by William Ouchi and it emphasizes on values that are similar to Japanese culture such as long-term employment, collective decision making, and general career paths. Slow and steady promotions are also a feature of Theory Z as it encourages stability and loyalty among employees.

Theory Z Is Characterized by Slow, Rather Than Rapid Promotions;