Accuracy in forecasting the demand for labor varies considerably by firm and by industry type: roughly from a 5 to 35 percent error factor.

Answer the following statement true (T) or false (F)


True

Business

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Organizational development is often put into practice by a

A. catalytic consultant. B. change agent. C. behavioral consultant. D. transformative consultant. E. behavioral agent.

Business

Which of the following components are necessary when designing a job description to achieve a “good fit”?

a. mention of expectation of loyalty and expectation of ethical behavior b. realistic description and mention of expectation of ethical behavior c. warning about punishments and mention of expectation of good work ethic d. mention of salary and bonuses and promise of a friendly work culture

Business

The AFL-CIO serves a number of purposes for local and national unions including all of the following except:

A. Organizing, negotiating and grievance handling. B. Political lobbying. C. Research of issues related to unions and their members. D. Overall coordination and direction of the union movement.

Business

Which of the following compensation options would not qualify under the term pay-for-performance?

A. Seniority-based pay B. Group incentive C. Pay banding D. Gainsharing plans

Business