BUSN 101 FINAL EXAM STUDY GUIDE QUESTIONS WITH ALL CORRECT ANSWERS
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Course
BUSN 101
Institution
BUSN 101
BUSN 101 FINAL EXAM STUDY GUIDE QUESTIONS WITH ALL CORRECT ANSWERS
During the screening portion of the hiring process:
-managers develop a list of questions directly related to the job requirements.
-managers conduct a background check to confirm the information presented on the candidate's a...
BUSN 101 FINAL EXAM STUDY GUIDE
QUESTIONS WITH ALL CORRECT
ANSWERS
During the screening portion of the hiring process:
-managers develop a list of questions directly related to the job requirements.
-managers conduct a background check to confirm the information presented on the
candidate's application.
-managers strive to identify the best applicants at the lowest cost. - Answer-managers
strive to identify the best applicants at the lowest cost.
HR departments strive to offer benefits that will appeal to workers, thus reducing:
-the risk of sick employees.
-the risk of losing corporate knowledge.
-employee independence. - Answer-the risk of losing corporate knowledge.
What implication for HR managers will become more evident over the next ten years as
40% of the workforce retires?
-The younger generations are going to be smarter than older generations.
-The older workers are preferable to younger workers.
-There will not be enough qualified people to fill the jobs that are left vacant because the
demographics of the labor pool are changing. - Answer-There will not be enough
qualified people to fill the jobs that are left vacant because the demographics of the
labor pool are changing.
Mason just signed his official job offer with a new company. He will be paid $70,000 a
year. He is an exempt employee and even if he works more than 40 hours a week he
will not be paid overtime. What type of employee compensation does Mason have for
his employment?
-Time-rate
-Salary
-Piece work - Answer-Salary
A software start-up company had 45 employees. Everyone at the company was working
at least sixty hour work weeks to meet deadlines and goals. Now in its third year, the
company work pace hasn't slowed down and some employees voiced their
dissatisfaction with not being able to spend more time with their families. Within a few
months, ten employees left the company to work for other organizations. This is an
example of what human resources would call:
-a company layoff to tighten up resources.
-turnover because of poor work / life balance.
, -turnover because of a poor relationship with a manager. - Answer-turnover because of
poor work / life balance.
Han Cho has served in the US Army Reserves for two years. He is currently on active
duty, stationed outside of the U.S. and is getting ready to come home. Under US law:
-his employer is required to re-employ Han but his salary is not protected.
-his employer is not required to re-employ Han.
-his employer is required to reemploy Han in his civilian job. - Answer-his employer is
required to reemploy Han in his civilian job.
External forces that affect businesses include ________.
-the company mission
-motivated employees
-advances in technology - Answer-advances in technology
Both kinds of organizations, nonprofit and for-profit, can ________.
-have shareholders
-earn revenues
-have a charitable tax status - Answer-earn revenues
Board of trustees oversee the operations of ________ organizations.
-entrepreneurial
-for-profit
-nonprofit - Answer-nonprofit
When products and services are produced or provided, ________ is responsible for
ensuring that those products and services meet high quality standards?
-accounting
-operations
-finance - Answer-operations
If a company adjust its processes to offer good service and high-quality products at
competitive prices, they are responding to which external force?
-The competitive environment.
-The technological environment.
-The economic environment. - Answer-The competitive environment.
The primary goal of a nonprofit business is to ________.
-maximize profits for owners
-invest in its employees' development of new skills
-use its revenues to provide a public service - Answer-use its revenues to provide a
public service
The primary goal of a for-profit business is to ________.
-fulfill its mission
-maximize profits for owners
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