Which of the Following Is Consistent with the American View

question 97

Multiple Choice

Which of the following is consistent with the American view of the independent enterprise?

• A) A corporation should fall under the control of the state government.
• B) A corporation is an entity that has rules and continuity of existence.
• C) The largest proportion of a corporation's profits must go to social causes.
• D) A company should be equally owned by all employees and stakeholders.
• E) Corporations do not take precedence over family and social relationships.

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Definitions:

Quality Circles

Small groups of employees who voluntarily come together to identify solutions to work-related problems, aiming to improve the quality of products, services, and work life.

Profit-Sharing

A company program that offers employees a portion of the company's profits, usually in the form of bonuses or stocks.

Gainsharing

A performance-related pay strategy that involves sharing the financial gains with employees as a result of improved productivity or cost-saving measures.

Self Directed Work Teams

Groups of employees who manage their own workload and operations without direct supervision, often responsible for decision-making and problem-solving.