Bus 405 wk 6 quiz 5 chapter 7 all possible questions

Page 2

to unemployed workers during a layoff. 15. A higher degree of labor intensiveness increases management negotiators' resistance to bargaining proposals designed to increase wage rates. 16. Most labor agreements specify daily or weekly work schedules and most provide premium pay for hours worked beyond the normal hours. 17. Union leaders often view job evaluation with disfavor because it tends to limit bargaining opportunities and freeze wage structure. 18. The majority of union contracts include a pension plan that can best be described as a defined contribution plan. 19. Unions generally favor the use of an employee stock ownership plan (ESOP) as a basic pension plan for employees. 20. The term “value added� refers to the contribution of factors of production to the value of a final product or service. MULTIPLE CHOICE 1. The federal agency responsible for enforcement of the Family and Medical Leave Act is: a. Family and Medical Leave Administration. b. Equal Employment Opportunity Commission. c. Department of Labor. d. Federal Standards Board. e. National Labor Relations Board. 2. A widely recognized group incentive plan based on labor cost savings is the: a. Merit savings plan. b. Profit sharing plan. c. Piece rate plan. d. Scanlon plan. e. Premium pay plan. 3. Under a cliff vesting schedule, an employee is considered fully vested after completing ____ years of service. a. 10 b. 5 c. 15 d. 20 e. 30 4. The relative influence of job evaluation can be seen in the ___________, which represents the internal distribution of the proposed or negotiated wages. a. skill-based pay


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.