Final answer:
Open-book management is a management style that involves sharing important financial and performance information with employees. It is effective in motivating appropriate employee behavior by fostering trust and empowering them to make informed decisions based on the available data.
Step-by-step explanation:
Open-book management is a management style where employees are given access to financial and performance information that is typically only available to managers and executives. It involves sharing important data such as financial statements, goals, and performance metrics with employees and allowing them to have a say in decision-making processes. This transparency can be effective in motivating appropriate employee behavior by fostering a sense of trust, ownership, and empowerment. When employees have access to information and understand how their performance impacts the success of the organization, they are more likely to take responsibility, make informed decisions, and strive to achieve the desired outcomes.