PARTICIPATIVE DECISION-MAKING (PDM)

the management practice of permitting workers to engage in the decision-making procedure. The degree of participation can vary from a fairly low level, wherein workers provide input or communicate with decision-makers, to the highest level, wherein workers are fully involved and actually make the judgments.

PARTICIPATIVE DECISION-MAKING (PDM): “Participative-decision making is often employed when new companies take over failing businesses being managed formerly by authoritative individuals or teams.”
 DECENTRALIZED ORGANIZATION
PLEASURE PRINCIPLE

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