Which of the Following Is NOT a True Statement About

question 95

Multiple Choice

Which of the following is NOT a true statement about codetermination?

• A) Firms with at least 500 employees have to give one-third of supervisory board seats to union representatives.
• B) Unions and salaried employees are represented on the supervisory boards of firms with at least 2,000 employees.
• C) Labor union work councils have veto power over CEO appointments.
• D) Labor unions participate in the management of the firm.

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Definitions:

Self-Love

The regard for one's own well-being and happiness, often considered as a positive trait.

Self-Serving Bias

A common cognitive bias that leads individuals to attribute their successes to internal factors while blaming external factors for their failures.

Bonus

An additional amount of payment given beyond what is due, usually as a reward for performance or as an incentive.

Taxed

Imposed with a financial charge or other levy by a governmental organization in order to fund various public expenditures.