Suggested Approaches to Improving the Financial Security of Employees in the Case

question 40

Multiple Choice

Suggested approaches to improving the financial security of employees in the case of the collapse of their employer include:

• A) promoting compulsory, private self-insurance schemes for individuals so that they will be covered in the case of company failure.
• B) providing stronger government funding for unions so they can act as a financial support for members who become unemployed by corporate failure.
• C) creating a sub-committee of cabinet to oversee the raising of funds and investment of these funds to provide a special needs fund for employees who are severely financially affected by the collapse of their employer.
• D) the establishment of central funds, either in the form of government-backed compulsory insurance or a trust to which it is compulsory for employers to contribute, from which employee entitlements could be paid in the case of corporate collapse.

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Definitions:

Viral Infections

Illnesses caused by viruses, tiny infectious agents that can replicate only inside the living cells of an organism.

Stress Hormones

Hormones that are released in the body in response to stress, primarily cortisol and adrenaline, affecting various physiological responses.

Lymphocytes

Lymphocytes are a type of white blood cell crucial to the immune system, playing a pivotal role in defending the body against infections and diseases.

Bacterial Infections

Diseases caused by bacteria that can lead to a range of symptoms, from mild to life-threatening, affecting various parts of the body.