Mie 3 1 exam - Study guides, Class notes & Summaries

MIE 305 Exam 1 Chapter 3 Questions and Answers

MIE 330 Exam 4 Latest Version Already Graded A Decisions about Pay -Job Structure- relative pay for different jobs within org -Pay Structure-pay policy resulting from job structure and pay level decision -Pay Level- avg amount the org pays for a job Equal Employment Opportunity Employers myst not base differences in pay on age, sex, race -no guarantee of equal pay for men and women, white and minorities Fair Labor Standards Act (FLSA) Establishes a minimum wage and requirementes for ove...

NCSU MIE 305 Exam 1 (Chapters 1-3) Questions and Answers

MIE 305 Exam 2 Latest Version with Certified Solutions Articles of Confederation 1st Constitution of the U.S. (weaknesses-no executive, no judicial, no power to tax, no power to regulate trade) Structure of the Constitution A document creating a form of government resting on the principles of federalism and free enterprise. It is composed of a preamble, 7 articles, and 27 amendments. It creates the federal government with 3 distinct branches (legislative, executive, and judicial).I...

MIE 480 Exam 1 Questions and Answers Already Passed What is "Strategy"? Strategy is a set of actions to achieve company objectives. It's a high- level plan on how to achieve objectives (often related to profitability). Company profitability is significantly determined by the: Industry structure; Firm competitive advantage (where we stand relative to other firms) Strategic choice: A strategic choice has a basic structure - 1. Identify the objective or goal. 2. Formulate the alt...

MIE 330 FINAL EXAM 2024 WITH 100% CORRECT ANSWERS What are the three characteristics of an employer's side on pay? - correct answer 1. Powerful tool for meeting org goals 2. Impacts employees attitudes and behaviors 3. Influences the kinds of people attracted to/remain with the org What are the two characteristics of an employee's side on pay? - correct answer 1. Care about fairness 2. Attach great importance on pay decisions when evaluating relationships with employers Pay is a ...

NCSU MIE 305 Exam 1 (Chapters 1-3) Questions With 100% Correct Answers What is the importance of a Business Law course in a business/management curriculum, and/or the importance of knowing something about it to a businessperson? - answerThe law is important to modern business. The history of business reveals the prominence of law. Educators today emphasize the role of law in preparing tomorrow's business leaders. How can business people use the law to a strategic advantage? - answerKnowin...

MIE 305 Exam 1 Latest Version with Complete Solutions Law a body of enforceable rules governing relationships among individuals and between individuals and their society -establish rights, duties, and privileges that are consistent w/ the values & beliefs of a society or its ruling group role of law in small business 1. Business organization (type of entity, how much personal liability?) 2. Taxation (how it will be taxed, how to reduce taxes) 3. Intellectual property (any patents ...

NCSU MIE 305 Exam 1 (Chapters 1-3) Questions With 100% Correct Answers What is the importance of a Business Law course in a business/management curriculum, and/or the importance of knowing something about it to a businessperson? - answerThe law is important to modern business. The history of business reveals the prominence of law. Educators today emphasize the role of law in preparing tomorrow's business leaders. How can business people use the law to a strategic advantage? - answerKnowin...