QUESTION Bryce hired a contractor to fix a leak in the roof of the musical instrument factory where he worked as facilities manager. The contractor came and removed the rotted wood from the roof, covered the hole with a tarp, and promised to be back the next day. The contractor did not show up for […]
QUESTION Who is most likely to pay the most for life insurance? A) teachers B) construction workers C) crab fishermen D) engineers E) doctors ANSWER Answer: C Explanation: C) The fatality rate for commercial fishing workers, who are routinely exposed to stormy seas, dangerous equipment, and slippery decks, is 200 fatalities per 100,000.
QUESTION Copayments are fixed fees that subscribers must pay for the use of specific medical services. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: Copayments must be paid by the subscriber at the time of service.
QUESTION Which type of public insurance are people required to carry? A) crop insurance B) crime insurance C) flood insurance D) social security insurance E) nuclear accident insurance ANSWER Answer: D Explanation: D) Most working Americans (and their employers) are required to pay into Social Security, which is a federal social insurance program that […]
QUESTION After the contract has been negotiated and approved by both sides, a situation arises in which a new employee is slightly sickened when a supervisor instructed her to enter a greenhouse too soon after fumigation. The worker, accompanied by a union steward, presents a grievance to the supervisor, who insists that the injury was […]
QUESTION Which of the following, if true, most strengthens the CEO’s argument for undertaking operations in Sri Lanka? A) The cost of living is much lower in Sri Lanka than in the United States. B) Few other similar companies do business in Sri Lanka. C) Unemployment is currently very low in Sri Lanka. D) Labor […]
QUESTION Which of the following is the LEAST appropriate way to engage in offshoring operations? A) Choose offshoring companies and suppliers in which candidates meet a complete set of requirements. B) Commit to consistently effective communication with offshore suppliers. C) Collaborate with chosen suppliers so as to develop their competencies. D) Give offshore suppliers as […]
QUESTION Which of the following is the LEAST appropriate way for the company to get its current employees on board with the offshoring plan? A) Carefully plan offshoring so as maintain the company’s core competencies. B) Redeploy any laid-off workers to other positions in the company or to other companies. C) Inform middle managers that […]
QUESTION With which of the following statements would Granger and Harrison both agree? A) Outsourcing has the potential to cause large-scale shifts in the world economy. B) Outsourcing does not lead to any job loss for workers in developed economies. C) Outsourcing leads to net improvements in the world economy. D) Outsourcing leads to loss […]
QUESTION Which of the following is the central issue between Granger and Harrison? A) whether outsourcing is a viable way for companies to improve their bottom line B) whether outsourcing is in the long-term interest of companies in developed economies C) whether U.S. companies can find competent business partners domestically D) whether offshore companies can […]