The movement to ownership by unions is the latest step in the progression from management ownership to employee ownership.
Employee ownership can save depressed and losing companies.
All of the following statements, if true, provide support for the claim above except
(A) Employee-owned companies generally have higher productivity.
Ownership by employees enable them to strive for the development of the company, which they currently own.
(B) Employee participation in management raises morale.
An increased morale among employees—-> increases output.
(C) Employee union ownership drives up salaries and wages.
Incorrect- a losing company and depressed company cannot opt for increasing salaries at this juncture.
(D) Employee union ownership enables workers to share in the profits.
Sharing profits among employees makes them to work effectively to increase their share of profits.
(E) Employee union ownership makes it easier to lay off redundant workers.
Employees working in cohesion finds it easier to remove dead weight.