Under the Codetermination Law, Firms with ______ or More Employees

question 22

Multiple Choice

Under the codetermination law, firms with ______ or more employees are required to have a certain number of employee representatives on the supervisory board.

• A) 200
• B) 500
• C) 1,000
• D) 2,000

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Definitions:

Output

The total quantity of goods and services produced by a business, industry, or economy within a specified period.

Competition

The rivalry among businesses or individuals for resources, customers, and market share.

High Wages

Refers to compensation levels that are significantly above the average for a job or industry, typically in response to skill shortages, high demand, or exceptional performance.

High Productivity

The state of achieving a significant amount of output per unit of input, enhancing efficiency and effectiveness in production or work.