Management-Worker Relations

question 32

Multiple Choice

Management-worker relations:

• A) Are strained in open economies when management must regard labor increasingly as key assets
• B) Tend to be harmonious in closed economies as firms regard labor as major expense items
• C) Are helped in major developed economies as governments provide unemployment and social welfare programs
• D) All of the above
• E) None of the above

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Definitions:

Ethical Behaviour

Refers to actions guided by a set of moral principles and values, often aligning with what is considered right or good by societal standards.

Rationalizations

The process of providing plausible reasons to justify behavior that might otherwise be unacceptable.

Legal Code

A comprehensive system of laws arranged by subject matter in a systematic and codified manner, often used by jurisdictions to organize their legal principles and statutes.

Corrective Action

Measures taken to identify, eliminate, and prevent the recurrence of errors or problems in a process.