Compared to the duration of most training in capital intensive industries, service industry training tends to be which of the following?
A) the same cost
B) shorter
C) longer
D) higher cost
Question 2Which of the following is typically the case for companies that operate in product markets where there is relatively little competition from other companies?
A) lower wages and lower profits
B) lower wages and higher profits
C) higher wages and higher profits
D) higher wages and lower profits
Question 3What is a constituency? How does it affect the HR department?
What will be an ideal response?
Question 4Which stakeholder group turns to compensation professionals for advice about appropriate pay rates for jobs?
What will be an ideal response?
Question 5Which of the following group is a stakeholder within a company?
A) Equal Employment Opportunity Commission
B) Department of Labor
C) prospective employees
D) line managers
Question 6Due to the recent economic downturn, XYZ Co. decided to shut down one of its appliance manufacturing plants in the United States, and therefore around 300 workers were laid off. XYZ Co. has chosen to award laid-off workers 6 months of ________ pay.
FIll in the blank with correct word.
Question 7Employment ________ occurs when an employee's agreement to perform work is ended, whether it is voluntarily or involuntarily.
FIll in the blank with correct word.
Question 8This group is directly involved in producing goods and delivering services for a company.
A) staff employees
B) line employees
C) managers
D) executives
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