________ refer to the pay variances between job levels in an organization.
A. Factor levels
B. Differentials
C. Job benchmarks
D. Earmarks
E. Anomalies
Answer: B
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How has technology impacted the globalization of economic activity?
a. Technological innovation has led to decreased mechanization of economic activities. b. Technological innovation and invention have increased productivity. c. The rise of the Internet has increased communication costs in the service industry. d. Technology has led to a greater separation between people and enterprises.
Which of the following statements is true about warehouse clubs?
A. Warehouse clubs typically have low inventory holding costs. B. Warehouse clubs carry a broad variety and deep assortment of merchandise. C. Warehouse clubs offer extensive customer service. D. Warehouse clubs are small and typically located in high-rent districts. E. Warehouse clubs offer its fast-selling items at high prices.
Describe the challenges of managing for globalization. Suppose you manage a small café in a large city with a diverse immigrant population. What are some of the challenges you might face in managing for globalization, and how would you rise to the challenges?
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. Organized labor has been very proactive in using ESOPs as a strategy for improving worker representation. 2. Union pension funds are prohibited from using their standing as stockholders to influence corporate strategies and governance. 3. The union model typically used in professional sports and entertainment is employee empowerment unionism. 4. Employee empowerment unionism uses the solidarity of employee to negotiate explicit wage rates tied to jobs, not individuals. 5. Although there are not many ESOPs in the U.S. at the present time, those that exist usually have employee representation on corporate board of directors.