The concept that management is guaranteed the right to allocate organizational resources in the most efficient manner; to create reasonable rules; to hire, promote, transfer, and discharge employees; to determine work methods and assign work; to
create, eliminate, and classify jobs; to lay off employees when necessary; to close or relocate facilities with a sixty-day notice; and to institute technological changes is referred to as ________.
A) steward responsibility
B) management rights
C) council responsibility
D) management responsibility
E) rights and responsibility
B
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Which of the following has increased in the United States as a result of globalization?
A. Unemployment rate B. Price of goods and services C. Demand for unskilled workers D. Standard of living E. Income equality between workers in skilled and unskilled sectors
A significant portion of a coupon bond's total return is derived from the reinvestment of the interest payments
Indicate whether the statement is true or false.