In Which of the Following Models Do Business and Government

question 23

Multiple Choice

In which of the following models do business and government govern the great mass of people?

• A) The countervailing forces model
• B) The stakeholder model
• C) The market capitalism model
• D) The dominance model

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Definitions:

W. Edwards Deming

An American engineer, statistician, professor, author, lecturer, and management consultant, known for his work in the field of quality management.

Wagner Act

U.S. legislation passed in 1935 that established the rights of employees to unionize, engage in collective bargaining, and take collective action, including striking.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.

Human Relations Techniques

Approaches and methods used to improve interpersonal relationships, worker satisfaction, and productivity in the workplace.