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Business
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Understanding Business
Quiz 12: Dealing With Employeemanagement Issues
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Question 101
True/False
Comparable worth is concerned with making sure that women get paid as much as men when they do the same jobs.
Question 102
True/False
In the next few years, unions are likely to find that they must adopt a tough, confrontational approach in order to get what they want from management.
Question 103
True/False
The largest labor organization in the U.S. is the National Education Association (NEA).
Question 104
True/False
CEOs only earn high salaries and bonuses when their companies earn substantial profits.
Question 105
True/False
After adjusting for inflation, the average executive compensation is actually a little lower now than it was in 1960.
Question 106
True/False
Striking union workers are picketing near the entrance of the Bathtub Brewing Company's plant. The workers are acting peacefully and have not threatened anyone entering or leaving the company or damaged any property. Bathtub Brewing's management is seeking an injunction to prevent the workers from picketing. The courts are unlikely to issue an injunction under the current circumstances.
Question 107
True/False
On the average, today's CEO of a Fortune 500 company makes over 344 times what the lowest-paid employee earns.
Question 108
True/False
In the future, unions are likely to leave training and recruitment of workers to management, and focus instead on encouraging those workers to join the union.
Question 109
True/False
Union representatives and the management at Bathtub Brewing Company's have reached an impasse. Going forward, the union is planning an organized strike and other tactics to put pressure on management where it will be most effective. Union supporters are being encouraged to avoid purchasing Bathtub Brewing's products. Now union leaders have contacted a variety of stores that stock Bathtub Brewing's beer telling them union members and other supporters will stop shopping at any store that continues to carry Bathtub Brewing's beer until the dispute is resolved in the union's favor. This tactic against stores that carry Bathtub Brewing Company is called a primary boycott.
Question 110
True/False
Workers at the Manchester plant of Vandelay Industries have gone out on strike. Management believes it could continue operations as normal by hiring replacement workers. If the company hires nonunion workers to continue its operations, it will be violating a recent Supreme Court ruling that declared hiring replacement workers as a violation of the Wagner Act.
Question 111
True/False
The unions of the 21st century are likely to be quite different from those in the past.
Question 112
True/False
Courts will issue an injunction against union tactics only if management can show a just cause to restrict the union tactic.
Question 113
True/False
The lockout is the most common tactic used by management today to deal with labor management disputes.
Question 114
True/False
Last year, employees at your local community college were on strike. Very few students were crossing the picket line. In fact, the postal employees refused to deliver mail there claiming that they were honoring the strike for their fellow service union members. The postal employees were participating in a voluntary secondary boycott.
Question 115
True/False
Despite their high pay, most CEOs work far fewer hours per week than the average employee in their companies.
Question 116
True/False
The disparity in salaries is clearly reflected in the fact that the average executive compensation for a major company was $10.4 million, compared to about $38,000 that the average worker was compensated.