Which of the following statements is TRUE of the NLRB?
a. The NLRB is appointed for a ten-year term.
b. The NLRB has jurisdiction over the employees of the Federal Reserve Bank.
c. The NLRB is a five-member body.
d. The NLRB is appointed by the Secretary of Labor.
Question 2Which of the following statements is TRUE of a profit-sharing plan?
a. Under a profit-sharing plan, wage increases provided to the workers are based on the consumer price index.
b. Under a profit-sharing plan, the wages paid to workers are based on the number of hours they work over the required time.
c. Profit-sharing plans tend to increase waste and decrease efficiency.
d. Under a profit sharing plan, employees receive a lump-sum payment in addition to their regular wages based on sales levels.
Question 3Under a yellow-dog contract, ________.
a. employees had to accept union membership as a prerequisite for employment
b. employers had to hire employees referred by the union
c. employees pledged to refrain from union membership
d. employees had to pay union dues whether or not they were union members
Question 4The National Labor Relations Board (NLRB) is appointed for a term of ________years.
a. two
b. five
c. ten
d. twelve
Question 5Which of the following statements is TRUE of cost-of-living adjustments (COLAs)?
a. COLAs are provided to employees only if the company makes a profit.
b. The value of the COLA changes from employee to employee based on performance.
c. The majority of collective bargaining agreements provide for monthly COLA adjustments.
d. The value of the COLA is based on the consumer price index (CPI).
Question 6The ________ Act made yellow-dog contracts illegal.
a. Sherman Antitrust
b. Norris-La Guardia
c. Davis-Bacon
d. Erdman
Question 7In professional sports, free agents are ________.
a. players who act as arbitrators in salary arbitration situations
b. players who are permitted to negotiate contract terms with any club
c. players or managers who do not support the relevant unions
d. players who belong to more than one team and union simultaneously