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A multinational organization allows its labor relationship to be managed entirel

ID: 459682 • Letter: A

Question

A multinational organization allows its labor relationship to be managed entirely by the local subsidiary. This relationship is referred to as

Standardized

Laissez faire

Centralized

Hands-off

What is the relationship between employee engagement and employee well-being?

High levels of well-being lead to a stagnant workforce

Engagement does not require well-being

Engagement is directly related to well-being

Engagement must precede efforts to create well-being

Standardized

Laissez faire

Centralized

Hands-off

Explanation / Answer

Answer:

1. The labor relationship where the multinational organization allows its labor relationship to be managed entirely by the local subsidiary is called Standardized Labor Relation type. The correct answer is Option A.

2. The relationship between employee engagement and employee well-being is; High levels of well-being lead to a stagnant workforce. The higher the level of well being of employees the lesser will be their changeovers. The correct answer is Option A.

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