SAINT MGT441 midterm exam

A corporation’s __________ ultimately control decisions about its direction, vestments, and existence dependg on which best meets their terests.

managers

shareholders

board of directors

employees

Question 2. Question :

Which of the followg is a feature of dividual vestors a corporation?

They have limited liability.

They can lose more than their origal vestments.

They are prohibited from sellg their shares to new owners at any time.

They cannot own the corporation collectively.

Question 3. Question :

__________ offers employees a method for counterg employers’ powers to unilaterally change employment conditions.

Spillover

Unionization

Certification

Picketg

Question 4. Question :

Which of the followg is true about shareholders?

Large corporations consist of a sgle shareholder, who participates the corporation’s day-to-day busess.

Operational decisions are made by workers hired by the shareholders.

Shareholders who are dissatisfied with corporate performance cannot sell their shares or combe with others to oust the current board and its managers.

Shareholders may decide, collectively, to sell their terests to another company that seeks to acquire its assets.

Question 5. Question :

Which of the followg was a goal of the National Labor Union?

The troduction of a twelve-hour workday

The removal of limitations imposed on immigration

The prohibition of reforms of currency and bankg laws

The establishment of consumer and producer cooperatives

Question 6. Question :

the Danbury Hatters case, the union was charged with conspirg to restra trade violation of the __________.

Landrum-Griff Act

Norris-LaGuardia Act

Sherman Antitrust Act

Taft-Hartley Act

Question 7. Question :

the 1870s, immigrant Irish mers America formed a secret organization to terrorize me owners who had unilaterally cut wages below an agreed mimum. The members of the secret organization were known as __________.

the Irish Volunteers

Sat Patrick's Battalion

the Molly Maguires

the Irish Republican Brotherhood

Question 8. Question :

Which of the followg is a provision under the Norris-LaGuardia Act?

The act permitted the federal courts to issue junctions agast union activities

The act did not allow federal employees to strike

The act mandated that employers recognize a union of their employees

The act forbade federal courts from enforcg yellow-dog contracts

Question 9. Question :

The __________ 1898 prohibited discrimation agast railroad employees based on union membership.

Sherman Act

Erdman Act

Wagner Act.

Norris-La Guardia Act

Question 10. Question :

Except the construction and apparel dustries, employees and unions cannot negotiate contracts providg that particular products of certa employers will not be used. This is the __________ issue.

union shop agreement

hot cargo

closed shop

yellow-dog

Question 11. Question :

Which act was passed to deter corruption by requirg the forfeiture of illegal gas?

Racketeer fluenced and Corrupt Organizations Act

Copeland Anti-Kickback Act

Byrnes Act

Norris-LaGuardia Act

Question 12. Question :

Which of the followg is an unfair labor practice on the part of a union?

Forcg an employer to contue bargag with a certified representative

Requirg itiation fees for union membership

Forcg an employer to pay for services rendered

Forcg an employer to barga with an uncertified labor organization

Question 13. Question :

Which act states that the employer must provide 60 days' notice of a plant closg volvg 50 or more employees and 30 days' notice for mass layoffs of more than 500 employees or more than one-third of the workforce?

Worker Adjustment and Retrag Notification Act

Federal Unemployment Tax Act

Occupational Safety and Health Act

Fair Labor Standards Act

Question 14. Question :

Most national unions elect officers at/from their __________, which are legally required to meet at least every five years.

dependent local unions

executive committees

conventions

negotiation committees

Question 15. Question :

Which of the followg committees reviews members’ grievances and negotiates with management over grievances and contract changes?

Political action committee

Negotiation committee

Executive committee

Benefits committee

Question 16. Question :

Which of the followg statements is true of stewards?

All stewards have experience representg employees before they assume their positions.

They are the most junior members of the unit.

They are activists; most are volved other organizations outside their jobs.

They prohibit participation union activities.

Question 17. Question :

What is the duty of busess agents local unions?

They collect union dues.

They forbid participation union activities.

They ensure that contracts are beg followed and refer members to available employment.

They help locals who work on a permanent basis with the same employer.

Question 18. Question :

Which system ensures that the labor contract meets union standards and is admistered fairly for all bargag unit members?

Closed shop agreement

Corporate campaign

Open shop agreement

ternal check-and-balance

Question 19. Question :

How can economic gas be secured?

By allowg employers to pass labor costs creases on to consumers

By disallowg the formation of dependent labor unions

By allowg only a fixed number of employees to jo labor unions

By creasg wages and competitive labor costs much faster than employee productivity

Question 20. Question :

Which of the followg was related to stewards’ positive perceptions about the employer’s supervisors, promotional opportunities, and the union’s fluence on the employer; and beliefs that the grievance procedure is not a tool to punish supervisors?

Dual commitment

Exclusive union commitment

Exclusive employer commitment

No commitment

Question 21. Question :

Which of the followg is true of dumpg?

Dumpg decreases the supply available what is likely an already depressed market, further creasg prices and the likelihood that domestic producers will be able to survive.

Where dumpg is proved, tariffs are added to the price of dumped products to discourage the practice and even the playg field.

Dumpg occurs when goods are sold above their production costs.

Dumpg happens most frequently dustries where there are low fixed costs.

Question 22. Question :

The ratification and implementation of the __________ provides a good example agast which to exame union objections and efforts.

North American Free Trade Agreement

General Agreement on Tariffs and Trade

World Trade Organization

Asia-Pacific Economic Cooperation

Question 23. Question :

Which of the followg is true of successor organizations?

Where ownership changes but operations contue unchanged, the new owner must honor the existg contract but need not recognize the union.

Where operations contue but, because of layoffs and/or new hires, the union lacks a majority, the employer has to strictly honor a contract.

When a closed firm is reopened by new owners, the bargag relationship contues if a majority of the employees worked for the former company and were a represented unit.

A firm that acquires or merges with another firm need not honor the existg contractual obligations.

Question 24. Question :

Economic returns from __________ are substantially greater than costs of organizg for employees most dustries.

picketg

craft severance

decertification elections

union representation

Question 25. Question :

Which of the followg is true about successor organizations?

Where ownership changes but operations contue unchanged, the new owner must honor the existg contract.

A firm that merges with another firm assumes existg contractual obligations.

Where operations contue but, because of layoffs and/or new hires, the union lacks a majority, the employer has an obligation to honor a contract.

When a closed firm is reopened by new owners, the bargag relationship ceases to exist if a majority of the employees worked for the former company and were a represented unit.

Question 26. Question :

Which of the followg is true regardg solicitation by any organization?

No-solicitation rules strictly apply to all employees.

All employers allow solicitations by any organization on company property or on company time.

Nonemployee organizers can, most stances, be barred from solicitg on company property.

Employee organizers cannot solicit fellow workers on company premises even if it is clearly shown that solicitation terferes with production.

Question 27. Question :

Unionization aims to permanently change the employment relationship by stitutionalizg __________ as the method through which managers and employees deal with each other about future wages, hours, and terms and conditions of employment.

accretion

stewardship

craft severance

collective bargag

Question 28. Question :

When does the elasticity of demand for a firm’s product crease substantially?

When an dustry is no longer concentrated

When there is decreased consumer attention to quality

When there is non-availability of labor

When there is a lack of substitute products

Question 29. Question :

How does global competition affect unions?

It reduces union bargag power for representatives of employees.

It allows unions to barga for higher wages because of the lack of skilled labor.

It creases the employment of domestic workers basic dustries.

It protects unionized employees agast offshorg.

Question 30. Question :

What does management do to meet vestor objectives?

They sell off a higher-earng division.

They stay away from a possible sp off.

They shift vestment from areas with creasg returns to those where improvement is never anticipated.

They try to maximize profits their present operations.

Question 31. Question :

Which of the followg takes place when an dustry matures?

It forces more efficient producers to crease prices to ga market share.

It forces the producers to substitute skilled craft work with cheaper labor.

It results less standardized production methods thus forcg employers to hire low-skilled labor.

It gets domated by relatively few firms and the less domant either mimic the leader or occupy niches.

Question 32. Question :

Which pay system refers to entitlements that dividuals accrue from contuous employment?

Scanlon plan

Productive efficiency

Benefit status seniority

Ga-sharg plan

Question 33. Question :

Which of the followg is a difference between the Scanlon plan and Impro-Share?

Impro-Share employees can easily calculate their bonus amount.

the Scanlon plan, the bonuses are shared across work groups.

Impro-Share is aimed at creasg employee participation.

the Scanlon plan, the bonus committee determes the bonus formula.

Question 34. Question :

Accordg to an extensive study of union wage differentials:

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

public sector wage effects are smaller than those the private sector.

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

there remas big variation the premium across workers.

Question 35. Question :

Why are performance-based pay programs used less unionized organizations?

Lack of measurable performance criteria

Demand for equal pay across functions

Performance monitorg is difficult.

Union jobs are more repetitive.

Question 36. Question :

Why do unionized firms have higher skill levels than nonunionized firms?

There is creased competition unionized firms.

Employees are more willg to share job formation.

Most unionized firms adopt skill-based pay system.

Unionized firms hire only highly-skilled labor.

Question 37. Question :

Ford established and operated a(n) __________ to monitor employee effort and to quickly identify pockets of malcontents the workforce.

ternal security force

five needs theory

human relations approach

management by objectives approach

Question 38. Question :

Which of the followg is an exogenous change?

troduction of a new technology

novation products or services

Changes competitive products and services

Changg goals and objectives of new managers

Question 39. Question :

The federal government regulated __________ for civil servants durg President Van Buren’s admistration and imposed overtime penalties for employers begng the 1930s.

work hours

free ridg

bumpg

dues check off

Question 40. Question :

Which of the followg contracts are most difficult to negotiate, especially if economic environments are changg?

One-year contracts

Longer-term contracts

Flextime contracts

Temporary contracts

Question 41. Question :

Does unionization troduce democracy to the employment relationship? Expla.

5 of 5

Question 42. Question :

Briefly discuss the responsibilities of the AFL-CIO.

5

Question 43. Question :

Who are stewards? Describe their roles and responsibilities.

Question 44. Question :

Under what conditions does the NLRB allow craft severance?