What could happen to the employees involved in an employee buyout if the company performed very poorly?
What will be an ideal response?
Answer: Employees who had borrowed money against their own assets to purchase the company could lose the assets they borrowed against, such as their houses, cars, savings, or pension plans.
Explanation: In an employee buyout, a firm's employees borrow money against their own assets, such as their houses or their pension funds, to purchase the firm from its present owners. The employees then become the new owners of the firm. In the event the firm performs poorly, the employees could lose the assets they borrowed against, such as their houses or pension funds.
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Which of the following is NOT a potential shortcoming of the telephone survey?
A) The respondent cannot be shown anything. B) It does not permit the interviewer to make various "face-to-face" judgments and evaluations. C) It does not permit a high quality sample. D) It does not allow for the observation of body language, facial expressions, or eye contact. E) It does not allow for collecting a large quantity of information.
Items to be assembled that fit together only the proper way are an example of:
A) andon. B) jidoka. C) poka-yoke. D) muda.