Question
The concept of "employee empowerment" is a central tenet
of HRD philosophy. It involves delegating authority and responsibility to employees, enabling them to make decisions and take ownership of their work. Which of the following statements best reflects the rationale behind employee empowerment within the HRD framework?Solution
Employee empowerment is believed to enhance creativity and innovation. When employees have the autonomy to make decisions and take ownership of their work, they are more likely to come up with new ideas and solutions. This can lead to improved problem-solving, increased productivity, and enhanced organizational adaptability. Â
Competition between very dissimilar types of retail outlets that carry some of the same kind of merchandise is referred to as:
Who defined marketing as ‘A set of all actual and potential buyers of a product’?
Which statement below is incorrect as it relates to the concept of inseparability?
Lisa, who works out at the gym every day, is likely to see herself as fit, healthy, and in-shape. Lisa would classify herself using which term?
A magazine that appeals to single parents has noticed an increase in monthly subscription sales over the last several years. After completing their envi...
What is the role of business firms in an economy?
Which of the following is an example of non-durable goods?
Cleanhome company offers home cleaning products, personal health products and optometry products (such as contact lenses). Collectively, these would be ...
With a wish to eat ravioli for dinner, I log in to Zomato to read the customer reviews and ratings for the restaurants offering best ravioli. As per buy...
Within the buying centre, influencers are people who: