Which of the following best describes the principal objectives of welfare capitalism?
A)increasing workers' drive toward cooperative self- help
B)empowering workers
C)keeping people off the welfare rolls
D)extracting the maximum amount of work from employees
E)cementing workers' loyalty to reduce costly turnover

Question

Quizplus · Accepted Answer

The principal objectives of welfare capitalism are to provide social benefits to workers in order to retain employee loyalty and reduce costly turnover. This is achieved through measures such as employee benefits and welfare programs, with the aim of cementing workers' loyalty to the organization. The other choices may be objectives of other management or economic systems, but are not specific to welfare capitalism.

Which of the Following Best Describes the Principal Objectives of Welfare