58. Employee ownership of a business whose former owners were considering shutting it
down
a. ahnost always results in bankruptcy.
b. assures worker/owners continued
employment.
c. in most cases, results in employees having to take significant wage and benefit reductions to make
the
business profitable.
d. forces workers to think like
owners.
59. For employee ownership of a business to
work,
a.
the company must have a large market
share.
b. the company must treat its employees ethically.
c. senior managers must be elected
democratically.
d. employees must believe they have role to play in leading the
company.
60. After the decision to close a plant has been made, actions that management should take may include all of
the
following
except
a. provide advance notice to employees and the
community.
b. phase out the business
gradually.
c. announce the decision in the press before telling employees and community
leaders.
d. help the community attract replacement
industry.