Deck 5: Entrepreneurship: Starting and Managing Your Own Business

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Question
A performance appraisal is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions,compensation,additional training or firing.
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Question
A labor-intensive business is a type of business where the primary cost of operations is the cost of labor.
Question
Training and development include all attempts to improve productivity by increasing an employee's ability to perform.
Question
Human resource management is simply a study of what is done by employees who hold various job titles.
Question
Apprentice programs are the easiest kind of training to implement when the job is relatively simple or repetitive.
Question
Variable pay is pay based on employees earning some percentage of sales.
Question
Airline pilot training includes job simulation.
Question
McDonald's Leadership Institute for high-potential employees uses job simulation as a major development tool.
Question
Compensation refers to the amount of salary an employee earns.
Question
There are five steps involved in the human resource planning process.
Question
X-ray technicians are certified using vestibule training.
Question
A piecework system is a type of pay system that is usually used with salespeople.
Question
Recruitment is the set of activities used to obtain a sufficient number of the right people at the right time.
Question
Off-the-job training occurs away from the workplace and consists of internal or external programs to develop skills or to foster personal development.
Question
On-the-job training begins with the new employee going on a retreat with more senior employees to foster personal development.
Question
Management development was a fad that is no longer being used by most companies.
Question
Apprentice programs involve a period during which a learner works alongside an experienced employee to master the skills and procedures of a craft.
Question
Core time refers to the period when all employees are expected to be at their job stations.
Question
Managers need special training including listening skills and empathy.
Question
Vestibule training is also called near-the-job training.
Question
Fringe benefits can include sick-leave pay and country club memberships.
Question
An example of a labor intensive business is a college business school,where the primary cost of operations is the cost of the professors and staff.
Question
The Equal Employment Opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission.
Question
Performance standards must be accepted by both the manager and subordinates.
Question
Commission is a type of pay based on employees earning some percentage of sales.
Question
Job sharing is an arrangement whereby two part-time employees share one full-time job.
Question
Human resource management is the process determining human resource needs and then recruiting,selecting,training and developing,compensating,evaluating and scheduling employees to achieve organizational goals.
Question
As of 2006,men and women were paid the same,called comparable worth.
Question
Title VII is a law that primarily protects disabled employees.
Question
A union is an employee organization that has the main goal of representing members in employee management bargaining over job-related issues.
Question
Stock options are one of the most common forms of performance-based pay.
Question
A threat such as "Go out with me or you are fired" would constitute quid pro quo sexual harassment.
Question
"Reasonable accommodation" means the same thing as "affirmative action" in the laws and government programs that affect human resource management.
Question
The purpose of the FMLA is to protect disabled employees.
Question
A job analysis is a study of what is done by employees who hold various job titles.
Question
One disadvantage of a compressed workweek is that productivity may decline.
Question
One of the reasons that executive compensation can be so high for CEOs is to encourage good performance from executives.
Question
The Family Medical Leave Act stipulates that companies with more than 50 employees must provide up to 12 weeks of unpaid leave to an employee upon birth or adoption of a child or upon serious illness of a parent,spouse or child.
Question
ADEA protects individuals who are 40 years of age or older from employment discrimination based on age.
Question
The last step in a typical selection process is to establish trial periods.
Question
Recruiting is not easy because:

A) Some organizations operate under union regulations
B) People with the necessary skills are not available
C) It is important to hire not only people who are skilled, but also those who fit the culture of the organization
D) All of the responses are correct
Question
__________ training is done in classrooms where employees are taught on equipment similar to that used on the job.
Question
__________ workers do not have the expectation of regular,full-time employment,or are often used during maternity leaves.
Question
Which of the following is a step in the selection process?

A) Prepare a job analysis
B) Assess the needs of the organization and the skills of the employees
C) Give employment tests
D) All of the responses are correct
Question
The first step in the human resource planning process is to:

A) Prepare a job analysis
B) Prepare a human resource inventory of the organization's employees
C) Assess future human resource demand
D) Establish a human resource strategic plan
Question
Management __________ is the process of training and educating employees to become good managers and then monitoring the progress of their managerial skills over time.
Question
A job __________ specifies the objectives of the job,the type of work to be done,the responsibilities and duties,the working conditions and the relationship of the job to other functions.
Question
Evaluating the performance of employees is called __________.
Question
A(n)__________ is a tactic by unions to negotiate a labor contract.It occurs when workers collectively refuse to go to work.
Question
Management often seeks a(n)__________ to order striking workers back to work or limit the number of pickets that can be used during a strike,for example.
Question
A(n)__________ occurs when organized labor encourages both its members and the general public not to buy the products of a firm involved in a labor dispute.
Question
__________ is the combination of salary,vacation time,paid health care and other benefits.
Question
A(n)__________ plan gives employees some freedom to choose when to work,as long as they work the required number of hours.
Question
__________ prohibits discrimination in hiring,firing,compensation,apprenticeships,training,terms,conditions or privileges of employment based on race,religion,creed,sex or national origin.
Question
__________ candidates are people who are not currently working within the company and are being recruited.
Question
__________ is the process of determining human resource needs and then recruiting,selecting,training and developing,compensating,evaluating and scheduling employees to achieve organizational goals.

A) Management
B) Strategy
C) Human resource management
D) Leadership
Question
__________ is/are often the most fundamental and valuable type of training.

A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
Question
A(n)__________ is part of the laws protecting disabled employees and is an adjustment to the work environment that does not have high costs.
Question
Job __________ are a written summary of the minimum qualifications required of workers to do a particular job.
Question
__________ refers to activities designed to "right past wrongs" by increasing opportunities for minorities and women.
Question
A(n)__________ is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions,compensation,additional training or firing.

A) Performance appraisal
B) Job appraisal
C) Employee evaluation
D) Standards evaluation
Question
Another name for variable pay is:

A) Commission
B) Piecework
C) Salary
D) Bonus plans
Question
Which of the following laws prohibits discrimination in hiring,firing,compensation,apprenticeships,training,terms,conditions or privileges of employment based on race,religion,creed,sex or national origin?

A) EEOA
B) FMLA
C) Title VII
D) ADA
Question
Which of the following training and development activities would be most appropriate for training astronauts?

A) Apprentice programs
B) Job simulation
C) Off-the-job training
D) Vestibule training
Question
Which of the following statements about workplace law is true?

A) It is against the law to discriminate against people on the basis of any physical or mental disability.
B) An employee can have up to 12 weeks of unpaid leave upon the birth of his or her child.
C) It is against the law to discriminate against a person over the age of 40 in the workplace.
D) All of the responses are correct
Question
When workers work from home they are said to be:

A) Out-of-office workers
B) Hotelling
C) Telecommuting
D) Home working
Question
Define "training and development" and list the three steps in the process.
Question
Which of the following laws prohibits discrimination on the basis of disability?

A) EEOA
B) FMLA
C) Title VII
D) ADA
Question
__________ is the combination of salary,vacation time,paid health care and other benefits.

A) External pay
B) Compensation
C) Comprehensive pay packages
D) Intrinsic pay
Question
Which of the following laws prohibits discrimination on the basis of age?

A) ADEA
B) FMLA
C) Title VII
D) ADA
Question
Which of the following states has the largest percentage of union members?

A) Alaska
B) Texas
C) North Carolina
D) Florida
Question
The concept that people in jobs that require similar levels of education,training or skills Should receive equal pay is called:

A) Affirmative action
B) Comparable worth
C) A golden parachute
D) Reasonable accommodation
Question
Google has made many of its employees millionaires due to its:

A) Market share
B) Commission plans
C) Stock options
D) 401k plan
Question
List three of the objectives of a carefully managed compensation and benefit program.
Question
__________ involve(s)a period during which a learner works alongside an experienced employee in order to master the skills and procedures of a craft.

A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
Question
A detailed document explaining what the employee needs to change and detailed steps on how to accomplish the change is called a(n):

A) Performance improvement plan
B) Change assessment plan
C) Employee improvement plan
D) Performance appraisal
Question
A (n)__________ is an employee organization that has the main goal of representing members in employee-management bargaining over job-related issues.

A) Federation of workers
B) Union
C) Congress of workers
D) Worker conglomerate
Question
Which of the following businesses is most labor intensive?

A) Automobile manufacturing plant
B) School
C) Duplicating service
D) Grocery store
Question
Annual bonuses paid to employees based on the company profits are referred to as:

A) Job enrichment
B) Stock plans
C) Profit-sharing plans
D) Stock options
Question
__________ is done in classrooms where employees are taught on equipment similar to that used on the job.

A) Off-the-job training
B) Vestibule training
C) Job simulation
D) Online training
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Deck 5: Entrepreneurship: Starting and Managing Your Own Business
1
A performance appraisal is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions,compensation,additional training or firing.
True
2
A labor-intensive business is a type of business where the primary cost of operations is the cost of labor.
True
3
Training and development include all attempts to improve productivity by increasing an employee's ability to perform.
True
4
Human resource management is simply a study of what is done by employees who hold various job titles.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
5
Apprentice programs are the easiest kind of training to implement when the job is relatively simple or repetitive.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
6
Variable pay is pay based on employees earning some percentage of sales.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
7
Airline pilot training includes job simulation.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
8
McDonald's Leadership Institute for high-potential employees uses job simulation as a major development tool.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
9
Compensation refers to the amount of salary an employee earns.
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k this deck
10
There are five steps involved in the human resource planning process.
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k this deck
11
X-ray technicians are certified using vestibule training.
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k this deck
12
A piecework system is a type of pay system that is usually used with salespeople.
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k this deck
13
Recruitment is the set of activities used to obtain a sufficient number of the right people at the right time.
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k this deck
14
Off-the-job training occurs away from the workplace and consists of internal or external programs to develop skills or to foster personal development.
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15
On-the-job training begins with the new employee going on a retreat with more senior employees to foster personal development.
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k this deck
16
Management development was a fad that is no longer being used by most companies.
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17
Apprentice programs involve a period during which a learner works alongside an experienced employee to master the skills and procedures of a craft.
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18
Core time refers to the period when all employees are expected to be at their job stations.
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19
Managers need special training including listening skills and empathy.
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20
Vestibule training is also called near-the-job training.
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21
Fringe benefits can include sick-leave pay and country club memberships.
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k this deck
22
An example of a labor intensive business is a college business school,where the primary cost of operations is the cost of the professors and staff.
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k this deck
23
The Equal Employment Opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission.
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k this deck
24
Performance standards must be accepted by both the manager and subordinates.
Unlock Deck
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k this deck
25
Commission is a type of pay based on employees earning some percentage of sales.
Unlock Deck
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k this deck
26
Job sharing is an arrangement whereby two part-time employees share one full-time job.
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k this deck
27
Human resource management is the process determining human resource needs and then recruiting,selecting,training and developing,compensating,evaluating and scheduling employees to achieve organizational goals.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
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k this deck
28
As of 2006,men and women were paid the same,called comparable worth.
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k this deck
29
Title VII is a law that primarily protects disabled employees.
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k this deck
30
A union is an employee organization that has the main goal of representing members in employee management bargaining over job-related issues.
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Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
31
Stock options are one of the most common forms of performance-based pay.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
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k this deck
32
A threat such as "Go out with me or you are fired" would constitute quid pro quo sexual harassment.
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Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
33
"Reasonable accommodation" means the same thing as "affirmative action" in the laws and government programs that affect human resource management.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
34
The purpose of the FMLA is to protect disabled employees.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
35
A job analysis is a study of what is done by employees who hold various job titles.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
36
One disadvantage of a compressed workweek is that productivity may decline.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
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k this deck
37
One of the reasons that executive compensation can be so high for CEOs is to encourage good performance from executives.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
38
The Family Medical Leave Act stipulates that companies with more than 50 employees must provide up to 12 weeks of unpaid leave to an employee upon birth or adoption of a child or upon serious illness of a parent,spouse or child.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
39
ADEA protects individuals who are 40 years of age or older from employment discrimination based on age.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
40
The last step in a typical selection process is to establish trial periods.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
41
Recruiting is not easy because:

A) Some organizations operate under union regulations
B) People with the necessary skills are not available
C) It is important to hire not only people who are skilled, but also those who fit the culture of the organization
D) All of the responses are correct
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
42
__________ training is done in classrooms where employees are taught on equipment similar to that used on the job.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
43
__________ workers do not have the expectation of regular,full-time employment,or are often used during maternity leaves.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
44
Which of the following is a step in the selection process?

A) Prepare a job analysis
B) Assess the needs of the organization and the skills of the employees
C) Give employment tests
D) All of the responses are correct
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
45
The first step in the human resource planning process is to:

A) Prepare a job analysis
B) Prepare a human resource inventory of the organization's employees
C) Assess future human resource demand
D) Establish a human resource strategic plan
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
46
Management __________ is the process of training and educating employees to become good managers and then monitoring the progress of their managerial skills over time.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
47
A job __________ specifies the objectives of the job,the type of work to be done,the responsibilities and duties,the working conditions and the relationship of the job to other functions.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
48
Evaluating the performance of employees is called __________.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
49
A(n)__________ is a tactic by unions to negotiate a labor contract.It occurs when workers collectively refuse to go to work.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
50
Management often seeks a(n)__________ to order striking workers back to work or limit the number of pickets that can be used during a strike,for example.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
51
A(n)__________ occurs when organized labor encourages both its members and the general public not to buy the products of a firm involved in a labor dispute.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
52
__________ is the combination of salary,vacation time,paid health care and other benefits.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
53
A(n)__________ plan gives employees some freedom to choose when to work,as long as they work the required number of hours.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
54
__________ prohibits discrimination in hiring,firing,compensation,apprenticeships,training,terms,conditions or privileges of employment based on race,religion,creed,sex or national origin.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
55
__________ candidates are people who are not currently working within the company and are being recruited.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
56
__________ is the process of determining human resource needs and then recruiting,selecting,training and developing,compensating,evaluating and scheduling employees to achieve organizational goals.

A) Management
B) Strategy
C) Human resource management
D) Leadership
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
57
__________ is/are often the most fundamental and valuable type of training.

A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
58
A(n)__________ is part of the laws protecting disabled employees and is an adjustment to the work environment that does not have high costs.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
59
Job __________ are a written summary of the minimum qualifications required of workers to do a particular job.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
60
__________ refers to activities designed to "right past wrongs" by increasing opportunities for minorities and women.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
61
A(n)__________ is an evaluation in which the performance level of employees is measured against established standards to make decisions about promotions,compensation,additional training or firing.

A) Performance appraisal
B) Job appraisal
C) Employee evaluation
D) Standards evaluation
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
62
Another name for variable pay is:

A) Commission
B) Piecework
C) Salary
D) Bonus plans
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
63
Which of the following laws prohibits discrimination in hiring,firing,compensation,apprenticeships,training,terms,conditions or privileges of employment based on race,religion,creed,sex or national origin?

A) EEOA
B) FMLA
C) Title VII
D) ADA
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
64
Which of the following training and development activities would be most appropriate for training astronauts?

A) Apprentice programs
B) Job simulation
C) Off-the-job training
D) Vestibule training
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
65
Which of the following statements about workplace law is true?

A) It is against the law to discriminate against people on the basis of any physical or mental disability.
B) An employee can have up to 12 weeks of unpaid leave upon the birth of his or her child.
C) It is against the law to discriminate against a person over the age of 40 in the workplace.
D) All of the responses are correct
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
66
When workers work from home they are said to be:

A) Out-of-office workers
B) Hotelling
C) Telecommuting
D) Home working
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
67
Define "training and development" and list the three steps in the process.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
68
Which of the following laws prohibits discrimination on the basis of disability?

A) EEOA
B) FMLA
C) Title VII
D) ADA
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
69
__________ is the combination of salary,vacation time,paid health care and other benefits.

A) External pay
B) Compensation
C) Comprehensive pay packages
D) Intrinsic pay
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
70
Which of the following laws prohibits discrimination on the basis of age?

A) ADEA
B) FMLA
C) Title VII
D) ADA
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
71
Which of the following states has the largest percentage of union members?

A) Alaska
B) Texas
C) North Carolina
D) Florida
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
72
The concept that people in jobs that require similar levels of education,training or skills Should receive equal pay is called:

A) Affirmative action
B) Comparable worth
C) A golden parachute
D) Reasonable accommodation
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
73
Google has made many of its employees millionaires due to its:

A) Market share
B) Commission plans
C) Stock options
D) 401k plan
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
74
List three of the objectives of a carefully managed compensation and benefit program.
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
75
__________ involve(s)a period during which a learner works alongside an experienced employee in order to master the skills and procedures of a craft.

A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
76
A detailed document explaining what the employee needs to change and detailed steps on how to accomplish the change is called a(n):

A) Performance improvement plan
B) Change assessment plan
C) Employee improvement plan
D) Performance appraisal
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
77
A (n)__________ is an employee organization that has the main goal of representing members in employee-management bargaining over job-related issues.

A) Federation of workers
B) Union
C) Congress of workers
D) Worker conglomerate
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
78
Which of the following businesses is most labor intensive?

A) Automobile manufacturing plant
B) School
C) Duplicating service
D) Grocery store
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
79
Annual bonuses paid to employees based on the company profits are referred to as:

A) Job enrichment
B) Stock plans
C) Profit-sharing plans
D) Stock options
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
80
__________ is done in classrooms where employees are taught on equipment similar to that used on the job.

A) Off-the-job training
B) Vestibule training
C) Job simulation
D) Online training
Unlock Deck
Unlock for access to all 82 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 82 flashcards in this deck.