What does employee-owned enterprise mean?
Definitions for employee-owned enterprise
em·ploy·ee-owned en·ter·prise
This dictionary definitions page includes all the possible meanings, example usage and translations of the word employee-owned enterprise.
Princeton's WordNet
employee-owned enterprise, employee-owned businessnoun
a commercial enterprise owned by the people who work for it
ChatGPT
employee-owned enterprise
An employee-owned enterprise is a business where the employees own a significant share of the company's equity, giving them a direct stake in the company's performance and decision-making process. This type of business model aligns the interests of the employees with the overall success of the company, as they share in profits and also have a say in the strategic direction of the business. Employee-owned enterprises can take various forms including worker cooperatives, employee stock ownership plans, and direct share ownership plans.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of employee-owned enterprise in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of employee-owned enterprise in Pythagorean Numerology is: 7
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"employee-owned enterprise." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/employee-owned+enterprise>.
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