In a(n) __________, managers provide employees with essential financial information about their employers.

Question

Quizplus · Accepted Answer

Open-book management is a management style where managers provide employees with essential financial information about their employers. This practice emphasizes transparency and allows employees to better understand how their work contributes to the overall success of the organization. A is incorrect because corporate communication can refer to many types of communication within a corporation, and it does not necessarily entail the financial information. C is incorrect because autocratic management is a leadership style where the boss makes all the decisions without input from their team. D is incorrect because active listening refers to a communication technique where the listener pays close attention to the speaker and demonstrates that they are listening by providing feedback. It is not directly related to providing financial information.

In A(n) __________, Managers Provide Employees with Essential Financial Information