Silver n' Gold Inc. recently introduced a new control philosophy where all employees have access to the same information that owners have, such as what money is coming in and where it is going. This is an example of which control philosophy?
A) Balanced scorecard
B) Six Sigma
C) Continuous improvement
D) Total quality management
E) Open-book management

Question

Quizplus · Accepted Answer

This is an example of open-book management, where all employees are provided access to financial information that was previously only available to top-level management.

Silver N' Gold Inc