Which of the following management theories advocates employee ownership, profit sharing, and gain-sharing plans?

A) McGregor's Theory X and Theory Y
B) Hawthorne studies
C) Fayol's Administrative Principles
D) Maslow's hierarchy of needs
E) Follett's organizations as communities

Follett's organizations as communities theory advocates for employee ownership, profit sharing, and gain-sharing plans, emphasizing a collaborative and cooperative approach to management. McGregor's Theory X and Theory Y focus on the manager's belief about employee motivation, while Hawthorne studies explore the role of human relations in the workplace. Fayol's Administrative Principles focus on the functions and organization of management, and Maslow's hierarchy of needs identifies the needs that motivate individuals.