In some European countries,companies practice co-determination.For example,
A)CEOs can only earn their salaries if the company is profitable.
B)in some cases,50% of the board of directors is company workers.
C)the Executive Compensation is determined by the stockholders and the government.
D)the union representatives and management form a hiring committee to select the CEO.

Question

Quizplus · Accepted Answer

Co-determination is a practice where workers have a voice and representation at the highest level of the company. In some European countries, this means that 50% of the board of directors must be company workers. This allows for more equitable decision-making and ensures that the interests of all stakeholders, including workers, are taken into account. The other options presented (A, C, and D) are not necessarily examples of co-determination, as they do not involve direct worker representation in the decision-making process.

In Some European Countries,companies Practice Co-Determination.For Example