The practice of sharing with employees at all levels of the organization vital information previously meant for management's eyes only is known as
A)open-book management.
B)vertical communication.
C)bureaucratic management.
D)centralized management.
E)horizontal 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.

The Practice of Sharing with Employees at All Levels of the Organization