According to an extensive study of union wage differentials

Assignment Help Operation Management

Reference no: EM132195047

1. ERISA compels employers to offer a pension plan to all the employees.

True

False

2. The Scanlon plan’s major purposes are to reward both parties for productivity gains, encourage participation, and tie pay to company performance.

True

False

3. Because a unionized workforce increases wage costs, compared to unorganized firms in the same industries, a unionized firm is at a competitive disadvantage.

True

False

4. Unionized firms invest more in research and development because of the more skilled and productive labor.

True

False

5. Aaron, an employee at a manufacturing company, earns $18 an hour. If the company agrees to a new wage contract, Aaron will be paid $18.72 an hour. What is the percentage of wage increase the company must agree to?

A. 5 percent

B. 3.5 percent

C. 4 percent

D. 2.5 percent

6. If an employee selects a pension plan in which a fixed percentage of profit is allocated to each employee in proportion to his/her proportion of total employee pay in that employee group, which pension plan did he/she select?

A. Defined benefit

B. Salary reduction

C. 403(b)

D. Defined contribution

7. According to an extensive study of union wage differentials:

A. The private sector wage premium is higher today than it was in the 1970s.

B. Public sector wage effects are smaller than those in the private sector.

C. Nonunion workers are able to resist employers’ efforts to reduce wages better than unionized workers.

D. There remains big variation in the premium across workers.

8. According to various studies on union’s effects on a firm’s performance:

A. Unionized firms are 20 percent more productive than nonunionized firms in auto parts industries.

B. Productivity was higher in public sector establishments in the hospital industry.

C. Student achievement was negatively affected by unionization in education.

D. Nonunionized workers were more productive than unionized workers in the construction industry.

9. The scientific management system included a hierarchical organizational and supervisory structure in which rank-and-file workers had a major say in the workplace.

True

False

10. Employees who are entitled to an overtime premium are often referred to as exempt employees.

True

False

Reference no: EM132195047

Questions Cloud

Write brief strategic human resource plan : Write a brief “Strategic Human Resource Plan” for your nonprofit agency or one with which you have familiarity.

Absence of collaboration and culture of assessment : What are the consequences of an absence of collaboration and a culture of assessment?

Comment positively this discussion in few paragraph : Comment positively this discussion in few paragraph?

Define the cultural dimensions categorized by globe : List and define the cultural dimensions categorized by Globe.

According to an extensive study of union wage differentials : According to various studies on union’s effects on a firm’s performance. According to an extensive study of union wage differentials.

Customers among four are complainers and non-complainers : What customers among the four are complainers and non-complainers? Why should firms appreciate complainers?

Describe any physical facilities you will need : Describe any physical facilities you will need (retail, warehouse, etc.) Where will you locate these facilities?

Collectible items such as commemorative coins and medals : A federal agency produces collectible items such as commemorative coins and medals.

Facing claim of sexual harassment : In addition to facing a claim of sexual harassment, what other legal charges could Vlad face?

User Account

All Pages