A management theory that sees employees as a source of competitive advantage and empowers them to participate in decision making is known as:
A) Theory A.
B) Theory X.
C) Theory Y.
D) Theory Z.

Question

Quizplus · Accepted Answer

Theory Z, also known as the Japanese management approach, emphasizes employee involvement and empowerment in decision-making processes. It views employees as a valuable asset and a source of competitive advantage for the organization. It stresses upon developing long-term relationships with employees and providing them with a sense of job security and belongingness. This approach is also characterized by teamwork, quality circles, and collaborative decision making.

A Management Theory That Sees Employees as a Source of Competitive