Question 1

The process of systematically securing information and facts about what employees do in various jobs is called:

Accepted Answer

A)  ​Job description. 
B)  ​Job specification. 
C)  ​Job analysis. 
D)  ​Job factor. 
E)  ​Job classification. 
A)  ​Job description. 
B)  ​Job specification. 
C)  ​Job analysis. 
D)  ​Job factor. 
E)  ​Job classification. C

Question 2

Unions generally favor the use of an employee stock ownership plan (ESOP)as a basic pension plan for employees.

Accepted Answer

A) True 
 B)False  False

Question 3

The process of systematically securing information and facts about what employees do in various jobs is called a job description.

Accepted Answer

A) True 
 B)False  False

Question 4

Under a cliff vesting schedule,an employee is considered fully vested after completing ____ years of service.

Accepted Answer

A)  10 
B)  5 
C)  15 
D)  20 
E)  30 
A)  10 
B)  5 
C)  15 
D)  20 
E)  30

Question 5

The plan to which companies make monetary payments to a specific group or groups of employees for producing more output or generating cost savings beyond some established goal is called a:

Accepted Answer

A)  Gain-sharing plan 
B)  Profit sharing plan 
C)  Fee-for-service plan 
D)  Graded vesting schedule 
E)  Liberty plan. 
A)  Gain-sharing plan 
B)  Profit sharing plan 
C)  Fee-for-service plan 
D)  Graded vesting schedule 
E)  Liberty plan.

Question 6

It is common for labor agreements to contain a cost-of-living adjustment (COLA)clause during the term of the contract.

Accepted Answer

A) True 
 B)False

Question 7

The labor relations term for a one-time payment made to adjust wages which does not affect an employee's hourly base wage rate is:

Accepted Answer

A)  Holiday pay. 
B)  Wage re-opener. 
C)  Vacation pay. 
D)  Lump-sum pay adjustment. 
E)  Spillover effect. 
A)  Holiday pay. 
B)  Wage re-opener. 
C)  Vacation pay. 
D)  Lump-sum pay adjustment. 
E)  Spillover effect.

Question 8

During economic downturns and recessions,management will often claim an inability to pay as a criterion for wage determination.

Accepted Answer

A) True 
 B)False

Question 9

Wages and other economic benefits represent income to employees,costs to an employer,and a basis for tax revenue to the government.

Accepted Answer

A) True 
 B)False

Question 10

Skill-based pay (SBP)systems base compensation on the skills or knowledge an employee possesses that are valued by the employer.

Accepted Answer

A) True 
 B)False

Question 11

Unions often prefer defined contribution plans because it limits their financial obligations to fund the plan.

Accepted Answer

A) True 
 B)False

Question 12

Supplemental unemployment benefits (SUB)are payments made by the federal government to unemployed workers during a layoff.

Accepted Answer

A) True 
 B)False

Question 13

Job factors used in evaluating jobs include skill,effort,responsibility,and working conditions in varying degrees depending on the type of organization.

Accepted Answer

A) True 
 B)False

Question 14

The act that was amended in 1987 to prohibit any mandatory retirement age,with the exception of airline pilots,using 70 as a mandatory retirement age is the:

Accepted Answer

A)  Employee Retirement Income Security Act (ERIS
A) of 1974. 
B)  Pension Protection Act of 2006. 
C)  Affordable Care Act. 
D)  Patient Protection Act. 
E)  Age Discrimination in Employment Act (ADE
A) . 
A)  Employee Retirement Income Security Act (ERIS
A) of 1974. 
B)  Pension Protection Act of 2006. 
C)  Affordable Care Act. 
D)  Patient Protection Act. 
E)  Age Discrimination in Employment Act (ADE
A) .

Question 15

Union leaders often view management-exclusive job evaluation with disfavor because it tends to limit bargaining opportunities and freeze wage structure.

Accepted Answer

A) True 
 B)False

Question 16

The Family and Medical Leave Act of 1993 requires that private sector employers to provide eligible employees up to 12 weeks of unpaid leave if the firm has:

Accepted Answer

A)  25or more employees. 
B)  50or more employees. 
C)  100 or more employees. 
D)  500 or more employees. 
E)  1,000 or more employees. 
A)  25or more employees. 
B)  50or more employees. 
C)  100 or more employees. 
D)  500 or more employees. 
E)  1,000 or more employees.

Question 17

The most common formula for adjusting wages to the cost of living is:

Accepted Answer

A)  Wages increased 3 cents for each 0.1 rise in the CPI-W. 
B)  A percentage increase in wages for each percentage increase in the CPI-W. 
C)  Wages increased 1 cent-per-hour increase for each 0.3 point increase in the CPI-W. 
D)  Wages increased 1 cent for each 0.2 rise in the CPI-W. 
E)  Wages increased 4 cent-per-hour increase for each 0.3 point increase in the CPI-W. 
A)  Wages increased 3 cents for each 0.1 rise in the CPI-W. 
B)  A percentage increase in wages for each percentage increase in the CPI-W. 
C)  Wages increased 1 cent-per-hour increase for each 0.3 point increase in the CPI-W. 
D)  Wages increased 1 cent for each 0.2 rise in the CPI-W. 
E)  Wages increased 4 cent-per-hour increase for each 0.3 point increase in the CPI-W.

Question 18

A Scanlon plan,Rucker plan,and Improshare plan are all examples of gain sharing plans.

Accepted Answer

A) True 
 B)False

Question 19

The federal agency responsible for enforcement of the Family and Medical Leave Act is:

Accepted Answer

A)  Family and Medical Leave Administration. 
B)  Equal Employment Opportunity Commission. 
C)  Department of Labor. 
D)  Federal Standards Board. 
E)  National Labor Relations Board. 
A)  Family and Medical Leave Administration. 
B)  Equal Employment Opportunity Commission. 
C)  Department of Labor. 
D)  Federal Standards Board. 
E)  National Labor Relations Board.

Question 20

The majority of private sector employees participate in a profit sharing plan as incentive.

Accepted Answer

A) True 
 B)False

The process of systematically securing information and facts about what employees do in various jobs is called:

Unions generally favor the use of an employee stock ownership plan (ESOP)as a basic pension plan for employees.

The process of systematically securing information and facts about what employees do in various jobs is called a job description.

Under a cliff vesting schedule,an employee is considered fully vested after completing ____ years of service.

The plan to which companies make monetary payments to a specific group or groups of employees for producing more output or generating cost savings beyond some established goal is called a:

It is common for labor agreements to contain a cost-of-living adjustment (COLA)clause during the term of the contract.

The labor relations term for a one-time payment made to adjust wages which does not affect an employee's hourly base wage rate is:

During economic downturns and recessions,management will often claim an inability to pay as a criterion for wage determination.

Wages and other economic benefits represent income to employees,costs to an employer,and a basis for tax revenue to the government.

Skill-based pay (SBP)systems base compensation on the skills or knowledge an employee possesses that are valued by the employer.

Unions often prefer defined contribution plans because it limits their financial obligations to fund the plan.

Supplemental unemployment benefits (SUB)are payments made by the federal government to unemployed workers during a layoff.

Job factors used in evaluating jobs include skill,effort,responsibility,and working conditions in varying degrees depending on the type of organization.

The act that was amended in 1987 to prohibit any mandatory retirement age,with the exception of airline pilots,using 70 as a mandatory retirement age is the:

Union leaders often view management-exclusive job evaluation with disfavor because it tends to limit bargaining opportunities and freeze wage structure.

The Family and Medical Leave Act of 1993 requires that private sector employers to provide eligible employees up to 12 weeks of unpaid leave if the firm has:

The most common formula for adjusting wages to the cost of living is:

A Scanlon plan,Rucker plan,and Improshare plan are all examples of gain sharing plans.

The federal agency responsible for enforcement of the Family and Medical Leave Act is:

The majority of private sector employees participate in a profit sharing plan as incentive.

Union-Management Relationships in Perspective

The History of Labor-Management Relationships

Legal Influences

Unions and Management: Key Participants in the Labor Relations Process

Why and How Unions Are Organized

Negotiating the Labor Agreement

Administrative Issues

Resolving Negotiation Interestdisputes and the Use of Economic Pressure

Contract Administration

Labor and Employment Arbitration

Employee Discipline

Labor Relations in the Public Sector

Labor Relations in Multinational Corporations and in Other Countries

Filters

Exam 7: Economic Issues

The process of systematically securing information and facts about what employees do in various jobs is called:

Unions generally favor the use of an employee stock ownership plan (ESOP)as a basic pension plan for employees.

The process of systematically securing information and facts about what employees do in various jobs is called a job description.

Under a cliff vesting schedule,an employee is considered fully vested after completing ____ years of service.

The plan to which companies make monetary payments to a specific group or groups of employees for producing more output or generating cost savings beyond some established goal is called a:

It is common for labor agreements to contain a cost-of-living adjustment (COLA)clause during the term of the contract.

The labor relations term for a one-time payment made to adjust wages which does not affect an employee's hourly base wage rate is:

During economic downturns and recessions,management will often claim an inability to pay as a criterion for wage determination.

Wages and other economic benefits represent income to employees,costs to an employer,and a basis for tax revenue to the government.

Skill-based pay (SBP)systems base compensation on the skills or knowledge an employee possesses that are valued by the employer.

Unions often prefer defined contribution plans because it limits their financial obligations to fund the plan.

Supplemental unemployment benefits (SUB)are payments made by the federal government to unemployed workers during a layoff.

Job factors used in evaluating jobs include skill,effort,responsibility,and working conditions in varying degrees depending on the type of organization.

The act that was amended in 1987 to prohibit any mandatory retirement age,with the exception of airline pilots,using 70 as a mandatory retirement age is the:

Union leaders often view management-exclusive job evaluation with disfavor because it tends to limit bargaining opportunities and freeze wage structure.

The Family and Medical Leave Act of 1993 requires that private sector employers to provide eligible employees up to 12 weeks of unpaid leave if the firm has:

The most common formula for adjusting wages to the cost of living is:

A Scanlon plan,Rucker plan,and Improshare plan are all examples of gain sharing plans.

The federal agency responsible for enforcement of the Family and Medical Leave Act is:

The majority of private sector employees participate in a profit sharing plan as incentive.

Union-Management Relationships in Perspective

The History of Labor-Management Relationships

Legal Influences

Unions and Management: Key Participants in the Labor Relations Process

Why and How Unions Are Organized

Negotiating the Labor Agreement

Administrative Issues

Resolving Negotiation Interestdisputes and the Use of Economic Pressure

Contract Administration

Labor and Employment Arbitration

Employee Discipline

Labor Relations in the Public Sector

Labor Relations in Multinational Corporations and in Other Countries

Filters