Compensating differentials theory states that:
A. pay levels and pay mix are designed to signal desired employee behaviours
B. high wages will increase efficiency and lower labour costs if they lower turnover
C. higher wages must be offered to employees to compensate for any negative features of jobs
D. higher wages must be offered to employees when chances of success are high
E. job seekers have a reservation wage level below which they will not accept a job offer
Answer: C
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In establishing the project’s baseline, the time-phased budget ______.
A. allows us to identify the correct sequencing of tasks B. enables the project team to determine the points in the project when actual costs are likely to exceed budgeted costs C. identifies the individual work packages and tasks necessary to complete the project D. provides the managerial responsibilities for tasks in a project
A list of questions that address traditional areas of uncertainty on a project is termed a
A. Checklist. B. Research matrix. C. Questionnaire. D. Risk profile. E. Query.
According to MIT professor Layzer, the lobbyists for the energy corporations have used which of the following tactics to avoid stricter regulation? I. Portray the science of global warming as uncertain and debatable II. Focus on the financial costs of
regulation III. Provide Senators and Representatives with financial incentives to vote against regulation IV. Portray the environmentalists as extremists and a vocal minority. I. I and II II. I, II and III III. I and III IV. I, II and IV
You have an absolutely brilliant child who is six years old and will be attending a private college
in twelve years. You know that in twelve years a four-year college will cost at least $70,000 per year (total $280,000), including tuition, books, and room and board. If you can earn 12 percent on a mutual fund investment during the next twelve years, how much will you have to invest at the beginning of each year to have enough to send your child to college for four years? A) $10,359.20 B) $5,022.45 C) $11,602.30 D) $4,484.33