Question : Case Study: XYZ Tech Solutions encourages its employees to take ownership of their work and propose innovative solutions. This reflects the application of which principle of management?
Option 1: Centralization
Option 2: Initiative
Option 3: Discipline
Option 4: Centralization
Correct Answer: Initiative
Solution : The correct answer is (b) Initiative
The principle of "Initiative" in management encourages employees to take ownership, show creativity, and propose innovative solutions in their work. It involves empowering employees to act independently, take responsibility for their tasks, and contribute proactively to the betterment of the organization. XYZ Tech Solutions encouraging its employees to take ownership and propose innovative solutions aligns with the principle of initiative, fostering a culture of active participation and continuous improvement within the company.