_____ refers to the concept that key employees should be able to see and understand a firm's financials,that they should have a part in moving the numbers in the right direction,and that they should have a direct stake in the strategy and success of the firm.
A) Open-book policy
B) Autonomy
C) Work facilitation
D) Psychological contract

Question

Quizplus · Accepted Answer

The term that best fits the description is "open-book policy", which means that the company's financial information is shared with all employees, providing transparency and encouraging them to have a greater understanding of the business objectives and their role in achieving them. It also empowers employees to make better decisions that have a positive impact on the company's financial success. Autonomy refers to giving employees the freedom to make decisions without micromanagement, work facilitation is the provision of tools and resources needed for employees to perform their duties, and psychological contract refers to the unwritten expectations and obligations between employees and the employer.

_____ Refers to the Concept That Key Employees Should Be