Reference no: EM132199351
1. Private sector employers are ultimately interested in increasing workers’ power.
True
False
2. Collective bargaining alters the status quo in pay administration by substituting a negotiated contract for management’s unilaterally determined practices.
True
False
3. All else equal, companies in more mature, stable, or declining industries are likely to have higher health care costs because of the older average age of their workforces.
True
False
4. When do companies introduce cost-of-living adjustment?
A. When they want to increase employees’ standard-of-living
B. When there is pay difference within different work groups
C. When the purchasing power of employees’ pay has eroded
D. When the parity between wages and prices is high
5. A car manufacturing company wants to lower wage costs through decreased starting rates for new hires. Which pay structure should it implement?
A. Lane-and-step plan
B. Grade structure
C. Skill-based plan
D. Two-tier pay plan
6. Why do unionized firms have lower research and development budgets?
A. Higher labor costs compared to nonunion firms
B. Lack of skilled workers compared to nonunion firms
C. Less productive workforce compared to nonunion firms
D. Higher share prices compared to nonorganized firms
7. The Fair Labor Standards Act was enacted to regulate wages, hours, and working conditions of private sector employers involved in interstate commerce.
True
False
8. Contracts do not specify the union’s representation rights.
True
False
9. Competitive-status seniority is related to entitlement to bargaining-unit-wide benefits established in the contract.
True
False
10. Frederick Taylor introduced “_____” to design work in the most efficient way possible given the capital equipment in use.
A. Management by objectives
B. High-performance work organizations
C. Scientific management
D. The human relations movement