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)decentralized communication.
D)feedback communication.
E)coaching.

Question

Quizplus · Accepted Answer

Open-book management is the practice of sharing vital information and financial data with all employees, encouraging them to understand and contribute to the goals and objectives of the organization. It promotes transparency and trust among employees, and can lead to improved performance and profitability.

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