Which of the following allows employees to see for themselves the financial condition of the company?
A) Open-book management
B) An economic value-added system
C) Activity-based costing
D) An inappropriate control system
E) A market value-added system

Question

Quizplus · Accepted Answer

Open-book management is a management approach where employees are given access to financial information about the company's performance, including income, expenses, profits, and losses. This transparency allows them to understand how their work contributes to the company's success and make informed decisions to improve it. The other choices are related to financial measurement systems or control systems but do not directly involve employee access to financial information.

Which of the Following Allows Employees to See for Themselves