Define what is meant by quality of work life, and list some aspects of successful quality of work life programs.
What will be an ideal response?
There are two ways of looking at what quality of work life (QWL) means. One way equates quality of work life with a set of objective organizational conditions and practices. The other way equates quality of work life with employees' perceptions that they are safe and relatively well satisfied, they have reasonable work-life balance, and they are able to grow and develop as human beings. This way relates quality of work life to the degree to which the full range of human needs is met.
In many cases, these two views merge: Workers who like their organizations and the ways their jobs are structured will feel that their work fulfills them. In such cases, either way of looking at one's quality of work life will lead to a common determination of whether a good quality of work life exists. However, because people differ and because the second view is quite subjective-it concedes, for example, that not everyone finds such things as democratic decision making and telework to be important components of a good quality of work life-quality of work life can be defined in terms of employees' perceptions of their physical and mental well-being at work. In theory, quality of work life is simple: It involves giving workers the opportunity to make decisions about the design of their jobs and workplaces, and what they need to make products or to deliver services most effectively. Of course, what workers want may vary by country.
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Carl and Stefanie each invest $15,000 in a business and are given shares of stock in Thibeau Industries as evidence of their ownership interests. For this transaction, identify the effect on the accounting equation
a. Assets increase and liabilities increase. b. Assets increase and stockholders' equity increases. c. Liabilities increase and stockholders' equity decreases. d. Liabilities decrease and assets decrease.
Consider a project composed of activities X and Y having equal length and performed in that order
Both activities can be laddered such that the first half of each activity is the predecessor for its own second half, so X1 precedes X2 and Y1 precedes Y2. The first half of X1 is also the predecessor for Y1. If the laddering procedure were performed again activities X and Y would be divided in four parts each, with precedence working as it did in the first split. Derive an expression for the minimum length of the project as laddering increases.
If no fixed duration of the partnership is specified, the partnership is a partnership at will, which means that it cannot be dissolved
Indicate whether the statement is true or false
Insured A, age 27, purchased a $35,000 . 20-payment life policy with premiums payable annually. Insured B, also age 27, purchased a $35,00 . straight-life policy with premiums payable semiannually. Both A and B lived 40 more years. How much more in premiums did insured B pay the insurance company during his lifetime than insured A paid during hers?