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.

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Definitions:

Delinquency

Acts of misconduct or behavior, typically by young people, that violate legal or social norms.

Latina

A woman or girl of Latin American origin or descent, often used within the context of sociocultural identity.

African American

A term referring to Americans of African descent, especially those whose ancestors were enslaved and brought to the United States.

Asian American

Pertains to individuals in the United States who have ancestral origins in the countries of East, Southeast, or South Asia.