The general goal of quality of work life programs is to
A. lower absenteeism.
B. attract employees.
C. provide socialization opportunities.
D. satisfy the full range of employee needs.
E. improve customer relationships.
Answer: D
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DWK Foods has developed a line of cookies and candies sweetened exclusively with organic honey. Although DWK is selling some of the products over the Internet, in order to gain economies of scale, the products must be sold in retail outlets as well. The main barrier to entry that DWK is likely to encounter here is:
A. government licensing and permits. B. access to distribution channels. C. consumers' switching costs. D. cost disadvantages independent of scale.
Differentiate between motivation, performance, and effectiveness. Discuss the relationship between the three concepts.
What will be an ideal response?
Match each term with the correct statement below.
a. speculative risk b. nonspeculative risk c. risk d. peril e. hazard f. U.S. Savings Bonds g. money market accounts h. NOW accounts 1. A person who is gambling assumes this type of risk 2. A person who is driving a car assumes this type of risk 3. An interest-earning checking account that normally requires a minimum balance to earn interest 4. The uncertainty of loss due to anything that can cause the loss 5. Anything that can cause a loss—an earthquake 6. Anything that increases the probability of peril—living close to a fault line
Special cause variation tends to be easily detectable using statistical methods
Indicate whether the statement is true or false