Open-book management refers to:
A)an organization where all the rules are known and publicized
B)an organization that "goes by the book," and where this is common knowledge among all employees
C)an organization where employees receive information about the firm's economic performance
D)an organization where employees can access their own,and other's,personnel records
E)the system of constructive or corrective discipline

Question

Quizplus · Accepted Answer

Open-book management refers to an organization where employees receive information about the firm's economic performance, including financial statements, revenue, and expenses. This approach is believed to increase transparency, accountability, and employee engagement.

Open-Book Management Refers To