Which of the Following Statements Is True Regarding Participative Management

question 31

Multiple Choice

Which of the following statements is true regarding participative management?

• A) Participative management typically has only a modest influence on variables such as employee productivity and motivation.
• B) The two most common forms are works councils and board representatives.
• C) It is called "the most widely legislated form of employee involvement around the world."
• D) Research evidence on participative management indicates that it is a sure means for improving employee performance.
• E) Participative management involves few representatives of workers sitting on the company's board of directors.

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Definitions:

IFRS

International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the reporting of financial information globally.

Listed Public Company

A corporation whose shares are traded on a public stock exchange, allowing for widespread ownership by investors.

Protective Rights

Rights granted to minority shareholders or debt holders to protect their interest, which may include veto powers on major corporate actions.

Capital Expenditure

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.