Silver n' Gold Inc.recently introduced a new control philosophy in which 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 of the following?
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, which involves sharing financial and operational information with employees to give them a better understanding of how the business operates and how their individual contributions can impact the bottom line.

Silver N' Gold Inc