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

Question

Quizplus · Accepted Answer

Codetermination refers to the practice of including labor representatives in the decision-making processes of a firm, particularly in matters relating to workplace conditions, benefits, and overall business strategy. This term is often used in Europe, particularly in countries with strong labor unions and social democratic traditions. Parochialism refers to a narrow or limited perspective on global business and cultural issues, whereas assimilation and differentiation refer to broader concepts of cultural accommodation and diversity.

Which of the Following Terms Refers to the Participation of Labor