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If liabilities are $55,000 and assets are $123,600, equity is:
Union-Management
The relationship, negotiations, and agreements between labor unions and employers regarding worker conditions, compensation, and rights.
Board of Directors
A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.
Employee Involvement
The practice of engaging employees in decision making and giving them a role in shaping policies and processes that affect their work and the organization.
Participative Management
A management approach where employees at all levels are actively encouraged to contribute ideas towards identifying and solving problems, improving service, and achieving the organization's objectives.
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