Answer:
The correct answer is the third option: Participative Management
Explanation:
To begin with, in the field of business management the concept known as "Participative Management" refers to the process of giving a great involvement to the employees of the company when it comes to deciding things or goals so they will be more involved in completing those goals effectively. This type of management is used as an alternative to traditional vertical management structures and that is basically for the direct defect that the PM strikes. And that is the participation from the employees when the goals are set by their superiors who do not do it properly.