Sharing sales, budgets, and financial goals with employees throughout the organization is referred to as
A) Filtering.
B) Open-book management.
C) Coaching.
D) A boundaryless organization.
E) Upward communication.

Question

Quizplus · Accepted Answer

Open-book management is the practice of sharing with employees at all levels of the organization vital information previously meant for management's eyes only. This information includes financial goals, income statements, budgets, sales, forecasts, and other relevant data about company performance and prospects.

Sharing Sales, Budgets, and Financial Goals with Employees Throughout the Organization