DECA+ Business Management and Administration Practice Exam

Which strategy aims to empower employees as individuals?

1. Organizational Learning

2. Competitive Analysis

3. Resource Allocation

4. Cost Leadership

The correct answer is: Organizational Learning

The strategy that aims to empower employees as individuals is organizational learning. This approach focuses on creating a culture where employees are encouraged to develop their skills, share knowledge, and engage in continuous improvement. By investing in training and development programs, organizations foster an environment that values and respects the contributions of each employee, which enhances their sense of ownership and motivation. Organizational learning emphasizes the importance of learning from both successes and failures and encourages employees to participate in decision-making processes. This empowerment leads to greater job satisfaction, improved performance, and innovation within the organization, as employees take initiative and feel personally invested in their work. Other strategies, while important in their own right, do not specifically target employee empowerment in the same way. Competitive analysis focuses on understanding the competition to improve market position, resource allocation pertains to distributing resources effectively across various departments or projects, and cost leadership aims to achieve a competitive advantage by minimizing costs. None of these strategies primarily emphasize the individual empowerment of employees, unlike organizational learning.