What workplace factor does Theory Z emphasize for employee satisfaction?

Theory Z, developed by William Ouchi, highlights the importance of job security and employee well-being as essential factors for enhancing employee satisfaction in the workplace. This theory blends Japanese management practices with American business principles, promoting a holistic approach where employees feel valued, secure, and supported.

By prioritizing job security, it fosters a sense of loyalty and a long-term commitment to the organization, allowing employees to focus on their creative input and contributions rather than worrying about their immediate job stability. Additionally, the emphasis on employee well-being suggests that organizations should consider not just productivity, but also the overall happiness and health of their workers, recognizing that a satisfied workforce is a more productive one. This holistic approach aims to create a conducive work environment where employees are encouraged to collaborate and innovate, ultimately benefiting both the organization and its staff.

In contrast, the other options revolve around competitive or inflexible work environments that do not support the foundational ideas of Theory Z, thereby making them less aligned with the goal of enhancing employee satisfaction through security and well-being.