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In fact, workers management clearly postulates full economic autonomy for the enterprise. The only wayin which its success or failure can properly he evaluated is thought the free exchange. In competition on an equal footing with other producers, of the goods and services provides the only objectives standard of performance. A competitive market is, therefore, essential element for the practical operation of the system, even though it is by no means one of its ...
The workers' participationin management is a worldwide phenomenon to integrate or envolve employees in matters concerning them. The nature andextent ofsuch involvement as well as its process vary widely. By and large, workers' participation in management has not made the desired impact or achieved the results expected of it, due to a myriad of complex factors involving the attitude, the systems, the values, and the vested interests of the parties. As the ...