Question for Unit 5

Just how important is workplace governance in the process of running a successful business? The idea of workplace governance is essential as the workplace needs rules. Rules also include compensation and benefits policies and procedures. A comparison of the alternative rules for making rules is the question of workplace governance. It is essential to determine the nature of the balance that is struck among efficiency, equity, and voice. It is called workplace governance because of the focus on how workplace rules are determined.Why else are rules essential?This MUST be answered Plagiarism free! A Paragraph or two will do. Citings and References when/if necessary.