Question 1

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a Two-Tier Wage plan.

Accepted Answer

A) True 
 B)False

Question 2

The following preliminary conclusions may be reported based on a research on the effects of ESOPs except:

Accepted Answer

A)  Labor-management cooperation does not emerge automatically when publicly traded companies move into employee ownership. 
B)  Employee ownership leads to greater identification of the employees with the company. 
C)  The presence of an ESOP does not make a firm more productive,efficient,or profitable. 
D)  Employees receive less information about the company. 
E)  Generally,the role of the union does not change except when the union made an early and ongoing effort to become involved in the change process. 
A)  Labor-management cooperation does not emerge automatically when publicly traded companies move into employee ownership. 
B)  Employee ownership leads to greater identification of the employees with the company. 
C)  The presence of an ESOP does not make a firm more productive,efficient,or profitable. 
D)  Employees receive less information about the company. 
E)  Generally,the role of the union does not change except when the union made an early and ongoing effort to become involved in the change process.

Question 3

The monetary value of employee benefits provided by unionized employers exceeds the value of employee benefits provided by nonunion employers.

Accepted Answer

A) True 
 B)False

Question 4

If a union wishes to encourage solidarity within its membership at a particular firm,it should not negotiate for a two-tier pay plan.

Accepted Answer

A) True 
 B)False

Question 5

One of the most popular group incentive plan for sharing labor cost savings is the:

Accepted Answer

A)  Merit savings plan. 
B)  Profit sharing plan. 
C)  Piece rate plan. 
D)  Scanlon plan. 
E)  Premium pay plan. 
A)  Merit savings plan. 
B)  Profit sharing plan. 
C)  Piece rate plan. 
D)  Scanlon plan. 
E)  Premium pay plan.

Question 6

A major reason for a piece-rate compensation plan is that many production jobs are machine paced,so employees have limited control over the pace of work and thus the number of items produced during scheduled work hours.

Accepted Answer

A) True 
 B)False

Question 7

Most union labor agreements specify daily or weekly work schedules and most provide premium pay for hours worked beyond the normal hours.

Accepted Answer

A) True 
 B)False

Question 8

A deferred wage increase is a method used to adjust employee base wage rates during the term of a labor agreement.

Accepted Answer

A) True 
 B)False

Question 9

The plan based on a change in the ratio between labor costs and dollar value added is called the:

Accepted Answer

A)  ​Scanlon plan. 
B)  ​Improshare plan. 
C)  ​Skill-base pay plan. 
D)  ​Rucker plan. 
E)  ​Production plan. 
A)  ​Scanlon plan. 
B)  ​Improshare plan. 
C)  ​Skill-base pay plan. 
D)  ​Rucker plan. 
E)  ​Production plan.

Question 10

The labor relations term written to permit wages to be renegotiated at a specified point in time during the term of the contract or whenever some predetermined event occurs is the:

Accepted Answer

A)  Lump-sum pay adjustments. 
B)  Cost-of-living adjustment. 
C)  Wage re-opener. 
D)  Open-ended contract. 
E)  Spillover effect. 
A)  Lump-sum pay adjustments. 
B)  Cost-of-living adjustment. 
C)  Wage re-opener. 
D)  Open-ended contract. 
E)  Spillover effect.

Question 11

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a:

Accepted Answer

A)  ​Skill pay differential. 
B)  ​Two-tier Wage plan. 
C)  ​Wage standard. 
D)  ​Wage comparability. 
E)  ​Scanlon plan. 
A)  ​Skill pay differential. 
B)  ​Two-tier Wage plan. 
C)  ​Wage standard. 
D)  ​Wage comparability. 
E)  ​Scanlon plan.

Question 12

The plan which bases compensation on the skills or knowledge an employee possesses and is valued by the employer is called the:

Accepted Answer

A)  ​Scanlon plan. 
B)  ​Improshare plan. 
C)  ​Skill-base pay plan. 
D)  ​Rucker plan. 
E)  ​Production plan. 
A)  ​Scanlon plan. 
B)  ​Improshare plan. 
C)  ​Skill-base pay plan. 
D)  ​Rucker plan. 
E)  ​Production plan.

Question 13

Which federal agency is responsible for computing and reporting the Consumer Price Index (CPI)?

Accepted Answer

A)  Department of Agriculture. 
B)  Department of Commerce. 
C)  Department of State. 
D)  Department of Labor. 
E)  Bureau of Labor Statistics. 
A)  Department of Agriculture. 
B)  Department of Commerce. 
C)  Department of State. 
D)  Department of Labor. 
E)  Bureau of Labor Statistics.

Question 14

The term "value added" refers to the contribution of factors of production to the value of a final product or service.

Accepted Answer

A) True 
 B)False

Question 15

All of the following are group incentive plans except:

Accepted Answer

A)  Improshare. 
B)  Scanlon plan. 
C)  Piece-rate plan. 
D)  Rucker plan. 
E)  Gainsharing programs. 
A)  Improshare. 
B)  Scanlon plan. 
C)  Piece-rate plan. 
D)  Rucker plan. 
E)  Gainsharing programs.

Question 16

The labor relations term for a written clause in a labor agreement which adjusts wages in accordance with changes in the consumer price index at specified intervals during the contract's term is the:

Accepted Answer

A)  Cost-of-living adjustment. 
B)  Wage re-opener. 
C)  Lump sum pay adjustments. 
D)  Wage spread. 
E)  Spillover effect. 
A)  Cost-of-living adjustment. 
B)  Wage re-opener. 
C)  Lump sum pay adjustments. 
D)  Wage spread. 
E)  Spillover effect.

Question 17

The expected employee output that is consistent with workmanship quality,operational efficiency,and reasonable working capacities of normal operators is called:

Accepted Answer

A)  ​Production standards. 
B)  ​Performance assessment. 
C)  ​Negotiated provisions. 
D)  ​Time studies. 
E)  ​Job analysis. 
A)  ​Production standards. 
B)  ​Performance assessment. 
C)  ​Negotiated provisions. 
D)  ​Time studies. 
E)  ​Job analysis.

Question 18

The clause written into collective bargaining agreements which seeks to maintain pay comparability and pay differentials within firms is called the:

Accepted Answer

A)  Ability to pay clause. 
B)  Relevant contract clause. 
C)  Re-opener clause. 
D)  Nondiscrimination clause. 
E)  Me-too clause. 
A)  Ability to pay clause. 
B)  Relevant contract clause. 
C)  Re-opener clause. 
D)  Nondiscrimination clause. 
E)  Me-too clause.

Question 19

Wage comparability is not given much importance in wage determination

Accepted Answer

A) True 
 B)False

Question 20

A higher degree of labor intensiveness increases management negotiators' resistance to bargaining proposals designed to increase wage rates.

Accepted Answer

A) True 
 B)False

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a Two-Tier Wage plan.

The following preliminary conclusions may be reported based on a research on the effects of ESOPs except:

The monetary value of employee benefits provided by unionized employers exceeds the value of employee benefits provided by nonunion employers.

If a union wishes to encourage solidarity within its membership at a particular firm,it should not negotiate for a two-tier pay plan.

One of the most popular group incentive plan for sharing labor cost savings is the:

A major reason for a piece-rate compensation plan is that many production jobs are machine paced,so employees have limited control over the pace of work and thus the number of items produced during scheduled work hours.

Most union labor agreements specify daily or weekly work schedules and most provide premium pay for hours worked beyond the normal hours.

A deferred wage increase is a method used to adjust employee base wage rates during the term of a labor agreement.

The plan based on a change in the ratio between labor costs and dollar value added is called the:

The labor relations term written to permit wages to be renegotiated at a specified point in time during the term of the contract or whenever some predetermined event occurs is the:

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a:

The plan which bases compensation on the skills or knowledge an employee possesses and is valued by the employer is called the:

Which federal agency is responsible for computing and reporting the Consumer Price Index (CPI)?

The term "value added" refers to the contribution of factors of production to the value of a final product or service.

All of the following are group incentive plans except:

The labor relations term for a written clause in a labor agreement which adjusts wages in accordance with changes in the consumer price index at specified intervals during the contract's term is the:

The expected employee output that is consistent with workmanship quality,operational efficiency,and reasonable working capacities of normal operators is called:

The clause written into collective bargaining agreements which seeks to maintain pay comparability and pay differentials within firms is called the:

Wage comparability is not given much importance in wage determination

A higher degree of labor intensiveness increases management negotiators' resistance to bargaining proposals designed to increase wage rates.

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

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a Two-Tier Wage plan.

The following preliminary conclusions may be reported based on a research on the effects of ESOPs except:

The monetary value of employee benefits provided by unionized employers exceeds the value of employee benefits provided by nonunion employers.

If a union wishes to encourage solidarity within its membership at a particular firm,it should not negotiate for a two-tier pay plan.

One of the most popular group incentive plan for sharing labor cost savings is the:

A major reason for a piece-rate compensation plan is that many production jobs are machine paced,so employees have limited control over the pace of work and thus the number of items produced during scheduled work hours.

Most union labor agreements specify daily or weekly work schedules and most provide premium pay for hours worked beyond the normal hours.

A deferred wage increase is a method used to adjust employee base wage rates during the term of a labor agreement.

The plan based on a change in the ratio between labor costs and dollar value added is called the:

The labor relations term written to permit wages to be renegotiated at a specified point in time during the term of the contract or whenever some predetermined event occurs is the:

Contract language that specifies a newly hired employee will be paid less than other employees performing a similar job is referred to as a:

The plan which bases compensation on the skills or knowledge an employee possesses and is valued by the employer is called the:

Which federal agency is responsible for computing and reporting the Consumer Price Index (CPI)?

The term "value added" refers to the contribution of factors of production to the value of a final product or service.

All of the following are group incentive plans except:

The labor relations term for a written clause in a labor agreement which adjusts wages in accordance with changes in the consumer price index at specified intervals during the contract's term is the:

The expected employee output that is consistent with workmanship quality,operational efficiency,and reasonable working capacities of normal operators is called:

The clause written into collective bargaining agreements which seeks to maintain pay comparability and pay differentials within firms is called the:

Wage comparability is not given much importance in wage determination

A higher degree of labor intensiveness increases management negotiators' resistance to bargaining proposals designed to increase wage rates.

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