Exam 11: Human Resource Management: Finding and Keeping the Best Employees

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Performance standards should be understandable, measurable, and reasonable.

(True/False)
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The ________ doctrine states that employers have as much right to fire workers as the workers have to leave the company voluntarily.

(Multiple Choice)
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A common feature of flextime plans is the establishment of core times when all employees are expected to be at their job stations.

(True/False)
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The ultimate resource of a firm is its

(Multiple Choice)
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One purpose of employee orientation programs is to initiate new workers to the organization's policies, practices, and objectives.

(True/False)
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Highly compensated executives sometimes prefer fringe benefits such as club memberships, company cars, and more vacation time, as opposed to higher salaries because most often these benefits are not taxable income.

(True/False)
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________ is a type of training that duplicates the exact combination of conditions that occur on the job.

(Multiple Choice)
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While talking with a group of family and friends, Caitlin mentions that she was offered an impressive golden handshake by her employer. Which of the following statements is she most likely to make next?

(Multiple Choice)
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Carl, a control room engineer at Electron Power, Inc.'s power plant regularly practices handling emergency situations in a computerized mockup that duplicates the sights, sounds, and experiences of a real control room under emergency conditions. Electron uses ________ to train its engineers.

(Multiple Choice)
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Martin works for Epic Electronics, a sophisticated electronic equipment company. Martin is happy to see that the value of company stock has reached $53 per share, because certain employees (including himself) have the opportunity to buy a given number of shares of its stock for $25 per share for the next year regardless of how high the market price goes. Epic Electronics is offering some employees a

(Multiple Choice)
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Sandra works as a manager in the accounting department for a service company. If her company is like most contemporary firms, Sandra will leave almost all aspects of human resource functions to specialists in the human resource department.

(True/False)
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If a firm wants to know why valuable employees are leaving the company, it will conduct

(Multiple Choice)
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Unlike a traditional performance appraisal, a 360-degree review

(Multiple Choice)
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Selected employees who work as assistants to higher-level managers and participate in managerial functions are given such titles as

(Multiple Choice)
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Skill-based pay is a method of compensating teams in which base pay is raised when team members learn and apply new skills.

(True/False)
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Advertisements, public and private employment agencies, and college placement bureaus are all ________ sources that human resource managers can use in the recruiting efforts.

(Multiple Choice)
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Exit interviews by a third party can be an effective way for a firm to prevent future losses of valuable employees.

(True/False)
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Companies place a considerable amount of attention on compensation plans because

(Multiple Choice)
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A major advantage of a piecework pay system is that it

(Multiple Choice)
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Which of the following is an external recruitment source?

(Multiple Choice)
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