Question

QUESTION 15

In 2017, a company employee received an option to purchase the company's stock at $45 per share. If the stock is trading at $40 a share in 2019, the employee will most likely

		not bother to exercise the options.
		sell the shares to a third party slightly above the market price.
		exercise the option, receiving a gain of $40.
		exercise the option, receiving a gain of $5.
		buy the stock at $45 per share.

2 points   

QUESTION 16

Jeff owns and manages a small electronics repair store. He determines the time required by his employees to complete each task assigned by him. When employees complete the repairs in less time, they receive an amount of pay equal to that time determined by him. In this scenario, Jeff is using a

		differential piecework plan.
		merit pay plan.
		Scanlon plan.
		straight piecework plan.
		standard hour plan.

QUESTION 10

During an organizing campaign, which of the following occurs when union representatives make contact with employees, present their message about the union, and invite them to sign an authorization card?

		The National Labor Relations Board (NLRB) conducts a secret-ballot election if only 30 to 50 percent of employees signed cards.
		The unions determine who is eligible to vote.
		The union is automatically recognized if at least 30 percent of employees agree.
		The National Labor Relations Board (NLRB) certifies the union as the exclusive representative of employees if the employer refuses to sign the card.
		The employees cannot participate in any of the proceedings.

2 points   

QUESTION 11

During contract negotiations, the union representing the teachers in District 46 is calling for a strike if the union's demands aren't met by the end of the week. A new school board member is worried about school shutting down and suggests directing the negotiators to accept the union's demands. A more experienced board member says the teachers also have reasons for not wanting to strike. Which of the following would be one of the most likely reasons for teachers not wanting to strike?

		During a strike, the employer excludes workers from the workplace.
		The district will not pay the teachers while they are on strike.
		The school board member will picket the schools during the strike.
		The union will likely be able to make up for some pay during the strike.
		The janitors' union will refuse to cross the teachers' picket lines.

2 points   

QUESTION 12

East Bay Hospital was concerned about rising costs for patients who have surgery for joint replacement. It tried rewarding staff in any quarter they met targets for lower use of supplies, but costs continued to rise. An investigation showed that one source of costs was the readmission of patients who experienced infections after surgery. The human resource department proposed setting up a gainsharing program with an effectiveness measure related to reducing infections. Which statement about gainsharing best supports this recommendation?

		Gainsharing creates a competitive environment, so employees will try to outdo one another.
		Gainsharing will narrow employees' focus to the key aspects of their individual jobs and rewards.
		Gainsharing is appropriate because the jobs in this case are simple, and so are the performance standards.
		With gainsharing, employees are freed to collaborate on how to improve performance.
		The success of gainsharing requires management acceptance of employee input.

2 points   

QUESTION 13

Gabriela, an HR manager, and her staff devote long hours to planning and running a "benefits fair," where employees can view displays and ask questions about the various parts of the company's benefits package. The following week, the marketing manager asks if the effort was worthwhile. Gabriela says it was. What is the most likely reason for Gabriela's opinion?

		It lowered the cost of providing benefits, because employees know what to sign up for.
		It increased employees' happiness and job commitment, so they are more fun to be around.
		It lowered the cost of communicating with employees, because now the company doesn't need to use printed media.
		It increased employees' commitment and satisfaction, so they contribute more to the company.
		It increased employees' commitment to saving for retirement, so they won't need Social Security. I Need choes the corct answer

Answer 1

Q15. a. Not bother to excercise the option.

The reason for not excercising the option according to me would be, the trend showing negative after almost two years. If I am an employee of the organsiation, I would prefer buying stocks at a lesser rate and then analyse on the stocks performance in near future rather than buying stocks which is expected to trade at a negative rate. Instead, I would wait till 2019 and buy the company shares at a lesser rate.

Q16. Standard Hour plan

It is an incentive pay plan where the employee receives an amount according to the time taken by him to complete the task as determined by the supervisor or owner.

Q10. The National Labor Relations Board (NLRB) conducts a secret-ballot election if only 30 to 50 percent of employees signed cards.

This is to determine how strong the employees feel about the union.

Q11. The district will not pay the teachers while they are on strike.

The teachers when on strike will not be paid by the district which would be a point for teachers not doing the strike.