By Making Most of Its Employees Owners of the Company

question 247

Multiple Choice

By making most of its employees owners of the company, United Airlines attempted to

• A) cope with the unlimited liability problem.
• B) change its business organization from a corporation to a partnership.
• C) address the principal-agent problem between the workers and managers.
• D) increase the role of the command system in managing the firm.

---

Definitions:

Negotiation

A strategic discussion that resolves an issue in a way that both parties find acceptable.

Marginally Ethical Tactics

Strategies that are close to the boundaries of ethical standards, potentially controversial in terms of morality.

Negotiators

Individuals engaged in negotiation, working towards reaching agreements or resolving disputes between parties.

Appropriate

Suitable or proper in the context of the circumstances or requirements.