Chapter 8 Principles of Business and Marketing

Over the next ten years, nearly all job growth in the U. S. will occur in service businesses.

• True

• False

Technology refers to the use of automated machinery, electronic equipment, and integrated computer systems to help increase the efficiency of work prodction.

• True

• False

A permanent employee for a business usually works less than 30 hours per week.

• True

• False

When employees are paid by piece rate, they are paid a percentage of sales for which they are responsible.

• True

• False

The work environment consists of both the physical conditions and the psychological atmosphere in which employees work.

• True

• False

Most American workers are members of a labor union.

• True

• False

Which of the following is one of the service-producing industries?

• mining

• real estate

• construction

• agriculture

In 2015, the size of the U. S. workforce was more than _____

people.

• 200 million

• 95 million

• 40 million

• 150 million

All of the following are blue-collar workers EXCEPT

• truck drivers

• mechanics

• seamstresses

• accountants

Removing work from one company and sending it to another company that can compete at a lower cost is called

• downsizing

• outsourcing