The Theory Z is the management theory that emphasizes the factors such as job rotation, broadening of skills, generalization versus specialization, and the need for continuous training of workers.
What is the significance of Theory Z?
This is a management approach that is based upon a combination of American and Japanese management philosophies.
The Theory Z is characterized by long-term job security, consensual decision making, slow evaluation and promotion procedures and individual responsibility within a group context.
As well, it is also the management theory that emphasizes the factors such as job rotation, broadening of skills, generalization versus specialization, and the need for continuous training of workers.
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