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36.All else being equal, shareholder value declines since higher wages

Question : 36.All else being equal, shareholder value declines since higher wages : 1404469

 

 

36.All else being equal, shareholder value declines since higher wages reduce profits, leading to:

 

 

A. increased union activity.

 

B. higher unemployment.

 

C. lower share prices.

 

D. higher dividends.

 

 

 

 

37._____ changes the policies and practices employers can use to promote, transfer, and lay off employees.

 

 

A. Annual increments

 

B. Unionization

 

C. Decertification

 

D. Privatization

 

 

 

 

38._____ may occur as a result of employers extending negotiated wage and benefit increases to non-represented employees in order to avoid further unionization.

 

 

A. Decreased profitability

 

B. Mergers and acquisitions

 

C. Increased employment

 

D. Increased unionization

 

 

 

 

39.While _____ have been found following unionization for represented employees, this may not carry over to nonunion employees who also received increased pay.

 

 

A. attendance decreases

 

B. productivity increases

 

C. share price increases

 

D. a decrease in golden handcuffs

 

 

 

 

40.A study tracking organizing success after passage of the _____ found organized firms had about a 20 percent lower rate of return to shareholders than firms remaining nonunion.

 

 

A. McCarran-Ferguson Act

 

B. Wagner Act

 

C. Railway Labor Act

 

D. Taft-Hartley Act

 

 

 

 

41.If unionization leads to lower shareholder returns, other things being equal, top managers could be expected to try to _____ in their firms, particularly if a substantial proportion of their compensation is in the form of stock options.

 

 

A. increase worker motivation

 

B. decrease high absenteeism

 

C. reduce unionization

 

D. introduce stock split option

 

 

 

 

42.After unionization, employers reduce their historical levels of investment in:

 

 

A. newly unionized facilities.

 

B. new technologies.

 

C. hiring and retention of employees.

 

D. employee benefits.

 

 

 

 

43.Relatively speaking, in _____ industries, unionized worker quality is lower than that of their nonunion counterparts.

 

 

A. manufacturing

 

B. medical

 

C. agricultural

 

D. service

 

 

 

 

44.Which of the following sector's secular relative growth rate could be a primary contributor to the increased resistance of employers in general to union organizing?

 

 

A. Agricultural

 

B. Service

 

C. Manufacturing

 

D. Medical

 

 

 

 

45.A(n) _____ explicitly desires to operate without unions and implements human resource policies it believes will lead employees to resist them.

 

 

A. unionized organization

 

B. philosophy-laden company

 

C. doctrinaire organization

 

D. global entity

 

 

 

 

 

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