Question : Case Study: ABC Retailers

ABC Retailers is a chain of stores specializing in fashion apparel. They have a hierarchical management structure with top management, middle-level management, and lower-level management. The company aims to provide a wide range of trendy clothing options and outstanding customer service.

ABC Retailers' management team believes in empowering employees to make decisions and take initiatives. This reflects the management principle of:

Option 1: Equity
   

Option 2: Authority and responsibility
  

Option 3: Flexibility

 

Option 4: Initiative


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 26th Jan, 2024

Correct Answer: Initiative


Solution : The correct answer is (d) Initiative

Initiative in management principles encourages employees to take the initiative, be proactive, and seek opportunities for growth and development. It involves empowering employees to make decisions and take actions to contribute to the organization's success. This principle aligns with fostering a culture of employee empowerment and allowing them to be proactive in their roles.

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