Employee ownership is situation in which

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Reference no: EM132226250

1. Employee ownership is a situation in which

a. employees own shares of stock in the company.

b. employees take much pride in their work and make decisions as though they owned the company.

c. employees receive money to purchase stock in the company.

d. only employees own the stock of the company for which they work.

e. employees actually buy a franchise, own it, and operate it on funds borrowed from the company.

2. Debbie is a financial analyst for a health care company in Phoenix. Her husband is transferred to Atlanta, but Debbie's employer allows Debbie to keep her job and work from her new home in Atlanta. Debbie has to travel back to Phoenix for one week every other month to meet in person with company officials. This arrangement is called

a. flextime.

b. self-managed work.

c. part-time.

d. telecommuting.

e. long-distance empowerment.

3. According to Theory Y by McGregor, managers think people

a. dislike work and try to avoid it.

b. must be coerced, controlled, and threatened.

c. are concerned mainly with security.

d. must be led because they have little ambition.

e. have the ability to help accomplish an organization's goals.

4. Self-managed teams take over most management functions.

a. True

b. False

5. Physiological needs are satisfied by job security, health insurance, pension plans, and good working conditions.

a. True

b. False

Reference no: EM132226250

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