BUS 100 FInal Exam Practice 67- NOT FINISHED!!!

Which of the following types of training occurs while the employee is at his or her place of work?

• A) on-the-job training

• B) vestibule training

• C) off-site training

• D) incentive training

• E) remote training

Fletcher is meeting with each of his subordinates to discuss their performance over the past year. What process is he involved in?

• A) job description

• B) labor negotiations

• C) vestibule assessment

• D) performance appraisal

• E) financial remuneration

When does the appraisal process begin?

• A) when the manager defines performance standards for an employee

• B) after the manager observes the employee's performance

• C) as soon as the employee begins working

• D) when the employee leaves an organization

• E) as soon as the employee requests direction

A restaurant is undergoing a change in cuisine and style of service. It is important that new staff are hired and existing staff retrained. Why might the HR manager recommend vestibule training as being highly effective in this situation?

• A) Prospective and present employees can be screened to see if they convey the restaurant's new ethos.

• B) Off-site training has great value for evaluating the effectiveness of performance appraisals.

• C) Employees will be reluctant to undertake training removed from the workplace.

• D) The owners can be more confident that the change to the restaurant will be popular with customers.

• E) Employees will see limited connections to everyday work in this type of training.

What is the name given to a group of individuals working together to achieve shared job-related goals such as higher pay, shorter working hours, greater benefits, or better working conditions?

• A) management organization

• B) company hierarchy

• C) labor union

• D) external organization

• E) permanent employees

What is the process of dealing with employees who are represented by a union?

• A) labor relations

• B) human resource management

• C) negotiation

• D) arbitration

• E) contingency recruitment

What is the process by which union leaders and managers negotiate common terms and conditions of employment for the workers represented by unions?

• A) striking

• B) picketing

• C) informational gathering

• D) collective bargaining

• E) compensation planning

While it's invested, money grows by earning interest or yielding some other form of return. What is this known as?

• A) compound growth

• B) dividend

• C) capital gains

• D) security

• E) diversity

The time it takes to double an investment can be estimated by using which of the following?

• A) book value

• B) the Rule of 72

• C) blue-chips

• D) dividends

• E) market value

Which of the following is the name for a portion of the ownership of a corporation?

• A) Schedule C

• B) stock

• C) partnership

• D) LLC

• E) dividend