answer the following questions 183

Section

Question

§ 17

What is the implication of Louis Kelso’s statement, “…the problem with capitalism is that there are not enough capitalists?”

(Hint:Look up the word “implication” in a dictionary.Otherwise, you may earn a zero (“0”) on this question.)

§ 1

(A) What catastrophe was Louis Kelso alluding to?

(B)What is the role of “the rights of property” in the catastrophe he predicted?

(Hint:Think about alternatives to capitalism.)

Section

Question

§ 26

Give three reasons (explanations of) why the employees at New Belgium were angry when management announced layoffs – not including their reactions to the loss of jobs.

Number your answers (1) (2) (3).

§ 26

Evaluate the effectiveness of New Belgium’s layoffs in 2003 using concepts from Chapter 6 or Chapter 8, or both.

Be sure to mention the concepts to earn credit.

§ 4

The ownership and governance structure at Namaste Solar combines features of a cooperative and a conventional stock company:members receive a return on their ownership stake proportional to the size of their investment, but each member has only one vote.

Does this structure violate the ethical principle of fairness?

Section

Question

§ 8

New Belgium is among the Fortune 100 Best Companies to work for.Who would be most interested in this distinction—other than workers?For instance, (a) investors;(b) suppliers; (c) beer distributors; (d) other.

Give reasons for your answer.

§ 22

Power sharing is mentioned throughout We the Owners (not just §22).In what was can sharing power make an employee-owned company (1) efficient and (2) more effective?

Section

Question

§ 3 and others

How did an ownership culture evolve at New Belgium?

(Hint:Consult the textbook and your lecture notes about culture.)

§ 14

(A) What outcome did the managers at DPR hope to achieve by adopting employee ownership??

(B) What was their reason?