Asked by Carson Buskard on Jun 18, 2024

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The labor relations system of Germany is best known for its system of ____________________.

A) Voluntarism
B) Solidarity
C) Social partnership
D) Codetermination

Codetermination

A practice where workers have a role in the management of a company through participation on its board or through committees, common in some European countries.

Social Partnership

Cooperative relationships between the government, employers, and labor unions designed to discuss and negotiate policies benefiting all stakeholders.

  • Gain insight into the variances between labor relations mechanisms in the U.S., Germany, France, Ireland, and Australia.
  • Identify the influence of collaborative efforts between social partners on the dynamics of labor relations, national economic well-being, and adaptability in the workplace.
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Verified Answer

JC
Jonathan CastroJun 23, 2024
Final Answer :
D
Explanation :
The labor relations system of Germany is best known for its system of codetermination, which gives workers the power to participate in management decisions through works councils and supervisory boards. This system fosters greater collaboration between labor and management, leading to better communication, a more stable work environment, and improved economic performance.