Steve Leads the Administrative Department of Mayo Pvt

Multiple Choice

Steve leads the administrative department of Mayo Pvt. Ltd. He encourages people to perform to their maximum potential by providing support and regular feedback. He ensures that the opinions of his team members are considered before a decision is made. He does not believe in rigidity and inviolate procedures. In the context of the given scenario, Steve holds that:

A) wealthy employees should be given more power.
B) people at the bottom of the organizational hierarchy should have no power.
C) human capital is more important than financial capital.
D) tangible assets form the financial basis of today's economy.