Deck 5: Entrepreneurship: Starting and Managing Your Own Business
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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.
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5
Apprentice programs are the easiest kind of training to implement when the job is relatively simple or repetitive.
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6
Variable pay is pay based on employees earning some percentage of sales.
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7
Airline pilot training includes job simulation.
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8
McDonald's Leadership Institute for high-potential employees uses job simulation as a major development tool.
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9
Compensation refers to the amount of salary an employee earns.
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10
There are five steps involved in the human resource planning process.
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11
X-ray technicians are certified using vestibule training.
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12
A piecework system is a type of pay system that is usually used with salespeople.
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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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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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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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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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23
The Equal Employment Opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission.
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24
Performance standards must be accepted by both the manager and subordinates.
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25
Commission is a type of pay based on employees earning some percentage of sales.
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26
Job sharing is an arrangement whereby two part-time employees share one full-time job.
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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.
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28
As of 2006,men and women were paid the same,called comparable worth.
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29
Title VII is a law that primarily protects disabled employees.
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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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31
Stock options are one of the most common forms of performance-based pay.
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32
A threat such as "Go out with me or you are fired" would constitute quid pro quo sexual harassment.
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33
"Reasonable accommodation" means the same thing as "affirmative action" in the laws and government programs that affect human resource management.
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34
The purpose of the FMLA is to protect disabled employees.
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35
A job analysis is a study of what is done by employees who hold various job titles.
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36
One disadvantage of a compressed workweek is that productivity may decline.
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37
One of the reasons that executive compensation can be so high for CEOs is to encourage good performance from executives.
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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.
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39
ADEA protects individuals who are 40 years of age or older from employment discrimination based on age.
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40
The last step in a typical selection process is to establish trial periods.
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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
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
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42
__________ training is done in classrooms where employees are taught on equipment similar to that used on the job.
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43
__________ workers do not have the expectation of regular,full-time employment,or are often used during maternity leaves.
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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
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
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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
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
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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.
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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.
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48
Evaluating the performance of employees is called __________.
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49
A(n)__________ is a tactic by unions to negotiate a labor contract.It occurs when workers collectively refuse to go to work.
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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.
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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.
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52
__________ is the combination of salary,vacation time,paid health care and other benefits.
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53
A(n)__________ plan gives employees some freedom to choose when to work,as long as they work the required number of hours.
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54
__________ prohibits discrimination in hiring,firing,compensation,apprenticeships,training,terms,conditions or privileges of employment based on race,religion,creed,sex or national origin.
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55
__________ candidates are people who are not currently working within the company and are being recruited.
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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
A) Management
B) Strategy
C) Human resource management
D) Leadership
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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
A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
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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.
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59
Job __________ are a written summary of the minimum qualifications required of workers to do a particular job.
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60
__________ refers to activities designed to "right past wrongs" by increasing opportunities for minorities and women.
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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
A) Performance appraisal
B) Job appraisal
C) Employee evaluation
D) Standards evaluation
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62
Another name for variable pay is:
A) Commission
B) Piecework
C) Salary
D) Bonus plans
A) Commission
B) Piecework
C) Salary
D) Bonus plans
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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
A) EEOA
B) FMLA
C) Title VII
D) ADA
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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
A) Apprentice programs
B) Job simulation
C) Off-the-job training
D) Vestibule training
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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
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
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66
When workers work from home they are said to be:
A) Out-of-office workers
B) Hotelling
C) Telecommuting
D) Home working
A) Out-of-office workers
B) Hotelling
C) Telecommuting
D) Home working
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67
Define "training and development" and list the three steps in the process.
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68
Which of the following laws prohibits discrimination on the basis of disability?
A) EEOA
B) FMLA
C) Title VII
D) ADA
A) EEOA
B) FMLA
C) Title VII
D) ADA
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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
A) External pay
B) Compensation
C) Comprehensive pay packages
D) Intrinsic pay
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70
Which of the following laws prohibits discrimination on the basis of age?
A) ADEA
B) FMLA
C) Title VII
D) ADA
A) ADEA
B) FMLA
C) Title VII
D) ADA
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71
Which of the following states has the largest percentage of union members?
A) Alaska
B) Texas
C) North Carolina
D) Florida
A) Alaska
B) Texas
C) North Carolina
D) Florida
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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
A) Affirmative action
B) Comparable worth
C) A golden parachute
D) Reasonable accommodation
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73
Google has made many of its employees millionaires due to its:
A) Market share
B) Commission plans
C) Stock options
D) 401k plan
A) Market share
B) Commission plans
C) Stock options
D) 401k plan
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74
List three of the objectives of a carefully managed compensation and benefit program.
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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
A) Apprentice programs
B) On-the-job training
C) Off-the-job training
D) Online training
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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
A) Performance improvement plan
B) Change assessment plan
C) Employee improvement plan
D) Performance appraisal
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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
A) Federation of workers
B) Union
C) Congress of workers
D) Worker conglomerate
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78
Which of the following businesses is most labor intensive?
A) Automobile manufacturing plant
B) School
C) Duplicating service
D) Grocery store
A) Automobile manufacturing plant
B) School
C) Duplicating service
D) Grocery store
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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
A) Job enrichment
B) Stock plans
C) Profit-sharing plans
D) Stock options
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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
A) Off-the-job training
B) Vestibule training
C) Job simulation
D) Online training
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