Which of the following terms refers to the participation of labor in the management of a firm?
A) codetermination
B) parochialism
C) governmentalism
D) differentiation

Question

Quizplus · Accepted Answer

Codetermination refers to the participation of labor in the management of a firm. It is a system in which workers are represented on the board of directors or other decision-making bodies of a company, giving them a voice in the management of the organization. Parochialism refers to a narrow, limited perspective, while governmentalism refers to the belief that government should play a strong role in societal affairs. Differentiation refers to the process of distinguishing between different things or groups.

Which of the Following Terms Refers to the Participation of Labor