Chapter 13 Quiz

Human resources, the people who work for the business, are important to every business.

• True

• False

Staffing is a vital part of human resource management.

• True

• False

People who have retired from full-time work usually go to work part-time at large corporations.

• True

• False

The hiring procedure used by new small businesses is often much less formal than that used by larger companies.

• True

• False

One of the reasons people work is to earn money.

• True

• False

Piece rates are most often used in retail chains and department stores.

• True

• False

Profit sharing means that employees receive their regular compensation plus a share of the profits earned by the company.

• True

• False

Paid vacations are inexpensive benefits for small businesses to provide their employees.

• True

• False

Small businesses attempt to attract and satisfy employees with many fringe benefits.

• True

• False

When a new Piece of equipment or a new produce is added to a small business, employees will usually receive training.

• True

• False