The Fact That Workers Sometimes Serve on the Board of Directors

question 205

Multiple Choice

The fact that workers sometimes serve on the board of directors of European companies helps explain why

• A) European executives accept less responsibility for the successes and failures of the firms they lead.
• B) European CEOs earn much less than American CEOs.
• C) European firms are more likely to seek protection from foreign competition than American firms.
• D) workers in Europe are less likely to believe unions are necessary than workers in the United States.

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Definitions:

Sociocentric Conception

Refers to a perspective prioritizing group or societal norms and values over individual ones, emphasizing the interconnectedness of individuals within a society.

Collectivism

A social and cultural principle emphasizing the importance of groups and the collective over the preferences and rights of individuals.

Interdependence

A mutual reliance between two or more groups or organisms, often resulting in a symbiotic relationship or collaboration.

Cooperation

The process of groups or individuals working together for a common goal or benefit.