The "S" in the S.T.E.P. approach to Open-book Management (OBM) stands for
A) Success.
B) Separate.
C) Sales.
D) Strength.
E) Share.

Question

Quizplus · Accepted Answer

The "S" in the S.T.E.P. approach to Open-book Management (OBM) stands for "Share," which means sharing financial and operational information with employees to enable them to make better decisions and take ownership of their work. This approach increases transparency and accountability within an organization, leading to better teamwork and improved financial performance. A, B, C, and D are not relevant choices for the "S" in the S.T.E.P. approach to OBM.