Answer the following statements true (T) or false (F)
1. The fundamental purpose of German co-determination is to provide national stability and
consistency in labor contracts.
2. Codetermination includes employee representation on corporate supervisory boards and
workplace level committees appointed by management.
3. Strikes during the life of a contract are illegal in Germany.
4. The German labor relations system has responded to the competitive pressures of
globalization by increasing its standardization of contracts within and across industries.
5. For a German works council to be put in place, a labor union must have won representation
rights of workers at a given company.
1. FALSE
2. FALSE
3. TRUE
4. FALSE
5. FALSE
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Which of the following statements about a decreasing term insurance policy is true?
A) The face amount of the policy decreases during the policy period, and the premium increases. B) The face amount of the policy decreases during the policy period, but the premium remains level. C) The premium decreases during the policy period, but the face amount remains constant. D) Both the premium and the face amount of the policy decrease gradually over the policy period.
An auction in which multiple buyers and their bidding prices are matched with multiple sellers and their asking prices, considering the quantities on both sides best defines
A) forward auction. B) reverse auction. C) double auction. D) penny auction.
As a manager, Marcus is very conscious of how his subordinates feel about whether their work outcomes are as expected relative to the effort and contributions they put in. This is an example of the ________ theory.
A. ERG B. motivator-hygiene C. expectancy D. equity E. hierarchy of needs
List and distinguish the three views of structural modeling in the context of an example
What will be an ideal response?