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The high compensation earned by top executives at major corporations is inconsistent with the values of our free enterprise system.

A) True
B) False

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The _______________ sets the tone and clarifies the terms and conditions under which labour and management agree to function over a specific period of time.


A) negotiated labour-management agreement
B) right-to-work agreement
C) open shop agreement
D) bargaining zone

E) B) and C)
F) A) and D)

Correct Answer

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One of the major criticisms of executive compensation in Canada is that:


A) despite their high pay,top managers usually work fewer hours than other employees in the firm.
B) the compensation of top executives often seems to have little or no relationship to how well their companies are performing.
C) top executives' compensation does nothing to encourage them to improve the value of their company's stock.
D) many U.S.executives are paid much less than their counterparts earn in Europe and Japan.

E) A) and B)
F) B) and D)

Correct Answer

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A(n) ___________ occurs when management temporarily closes a business to deny employment to workers.


A) lockout
B) secondary boycott
C) involuntary strike
D) employment injunction

E) All of the above
F) A) and B)

Correct Answer

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Critics of labour unions argue that unions are no longer needed to protect workers from abusive and unfair treatment because:


A) the widespread use of strikes have given most workers control over their workplace.
B) supply and demand conditions in labour markets now favour labour rather than management.
C) laws and modern management attitudes minimize the possibility of unsafe working conditions and unfair treatment of workers found in earlier eras.
D) most of the firms that treated workers poorly have moved their operations to foreign countries.

E) A) and B)
F) A) and C)

Correct Answer

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Although the general public often sees the compensation of CEOs of major U.S.corporations as being much too high,the pay and benefits these top executives receive is actually quite similar to what is earned by top executives in other countries with market economies.

A) True
B) False

Correct Answer

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Under a closed shop agreement,workers must agree not to join a union in order to keep their jobs.

A) True
B) False

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The lockout is the most common tactic used by management today to deal with labour management disputes.

A) True
B) False

Correct Answer

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Munymacher,Inc.is planning to implement a program to help its employees provide care for their elderly parents.According to recent trends,Munymacher's new program is likely to be very beneficial to many of its employees and to the company itself.

A) True
B) False

Correct Answer

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The negotiated labour-management agreement clarifies the terms and conditions under which labour and management agree to function over a specified period of time.

A) True
B) False

Correct Answer

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Decertification of a union is a government responsibility.

A) True
B) False

Correct Answer

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A few striking union members have begun picketing near the entrance of the Yanmark Corporation plant where they normally work.The workers are acting peacefully and have not threatened anyone entering or leaving the company or damaged any property.Yanmark's management is seeking an injunction to prevent the workers from picketing.The courts are unlikely to issue an injunction under the current circumstances.

A) True
B) False

Correct Answer

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Current estimates suggest that companies are seeing reduced productivity,and increased absenteeism and turnover from employees who are responsible for:


A) disabled.
B) single-income families.
C) elder care.
D) child care.

E) A) and D)
F) A) and C)

Correct Answer

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Margaret is part of a team of union members that is meeting with representatives of her company's management in an effort to negotiate a labour contract for the workers that her union represents.Margaret is participating in a process known as:


A) collective bargaining.
B) management by objectives.
C) arbitration.
D) certification discussions.

E) B) and D)
F) All of the above

Correct Answer

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Because of the need to cut costs,fewer Canadian companies now provide some sort of child care for their employees than ten years ago.

A) True
B) False

Correct Answer

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Why is management reluctant to lock out its employees?

Correct Answer

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No product...

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What tactics do unions use to try to force employers to meet their demands other than strikes,boycotts and picketing?

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Work-to-ru...

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In a primary boycott,a union encourages its members and the general public not to buy the goods and services produced by a firm involved in a labour dispute.

A) True
B) False

Correct Answer

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As the workforce of Canada ages,a greater percentage of workers will have to concern themselves with:


A) finding care for their children.
B) caring for older parents.
C) the educational benefits of downsizing.
D) transportation issues.

E) A) and B)
F) A) and D)

Correct Answer

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CEOs only earn high salaries and bonuses when their companies earn substantial profits.

A) True
B) False

Correct Answer

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