A process by which employees can make decisions is divided by total number of processes to calculate
A. employee turnover ratio
B. employee empowerment ratio
C. employee satisfaction ratio
D. employee training percentage
Answer: Option B
Solution(By Examveda Team)
A process by which employees can make decisions is divided by total number of processes to calculate employee empowerment ratio. Employee empowerment is a strategy and philosophy that enables employees to make decisions about their jobs. Employee empowerment helps employees own their work and take responsibility for their results, serve customers at the level of the organization where the customer interface exists.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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