At Shamrock Services Corp. information that was initially meant for managers alone is now made available to all the employees. This is an example of
A)reflecting.
B)horizontal communication.
C)centralized management.
D)filtering.
E)open-book management.

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.