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Question : Case Study: XYZ Corporation

XYZ Corporation is a manufacturing company known for producing high-quality electronic devices. It is divided into three levels of management: top management, middle-level management, and lower-level management. The company's main objective is to expand its market reach and maintain a strong reputation for innovation and customer satisfaction.

XYZ Corporation's management team believes in empowering its employees to take initiatives and make decisions. This reflects the management principle of:

Option 1: Unity of direction
   

Option 2: Authority and responsibility
 

Option 3: Equity

   

Option 4: Initiative


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Initiative


Solution : The correct answer is (d) Initiative

Empowering employees to take initiatives and make decisions is in line with the management principle of initiative, which encourages and supports proactive and creative actions by employees. This principle emphasizes that employees should be encouraged to suggest improvements, take ownership of their work, and contribute to the organization's success by acting on their own ideas and innovations. It can lead to a more dynamic and responsive organization.

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