UNDERSTANDING BUSINESS
12th Edition
ISBN: 9781264161881
Author: Nickels
Publisher: MCG
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Textbook Question
Chapter C, Problem 1CT
- 1. Are you self-insuring your residence and your assets? What have you done to reduce your risk? Have you done anything to avoid risk? How much would it cost to buy insurance for your dwelling and the contents?
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Since the mid-1950s the proportion of American workers represented by unions has:
A. Decreased.
B. Grown only in the manufacturing sector.
C. Remained about the same.
D. Increased.
The Occupational Safety and Health Act gives workers the right to a job:
A. With wages that enable an employee to enjoy a decent standard of living.
B. That does not require them to lift, bend, or move items at any time on the job.
C. That is free from recognized hazards that are likely to cause death or serious injury.
D. With equal wages for similar kinds of work.
The right to a safe and healthy workplace is accurately described by which statement?
A. Extensive training and careful precautions are necessary to avoid accidents, injuries, and illness.
B. Regulations and enforcement have failed to curb worker accidents.
C. Over recent years no new categories of accidents or illnesses have emerged.
D. A very limited number of jobs are potentially hazardous to workers’ safety and health.
Chapter C Solutions
UNDERSTANDING BUSINESS
Ch. C.1 - Prob. C.1AQCh. C.2 - Prob. C.2AQCh. C.2 - Why are companies more aware now of the need to...Ch. C.2 - Prob. 2TPCh. C.2 - What are the four major options for handling risk?Ch. C.2 - Prob. 4TPCh. C.3 - Prob. 5TPCh. C.3 - What is the rule of indemnity?Ch. C.4 - Prob. C.4AQCh. C.4 - Prob. 7TP
Ch. C.4 - Prob. 8TPCh. C - If you are interested in pursuing a career in risk...Ch. C - Prob. 2CECh. C - Prob. 3CECh. C - 1. Are you self-insuring your residence and your...Ch. C - Prob. 2CTCh. C - Prob. 3CTCh. C - Prob. 4CTCh. C - 1. List the ways you could reduce risk in your...Ch. C - Prob. 2DCSCh. C - 3. Much of risk management consists of reducing...Ch. C - Prob. 4DCSCh. C - Write a two-page essay on the risks of a terrorist...Ch. C - Prob. 1PPTCh. C - Prob. 2PPTCh. C - Prob. 3PPTCh. C - Prob. 4PPT
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- The employment relationship: A. Indicate that employees are dependent on their employers for their livelihoods. B. Implies that employers depend on employees to make products, provide services, and run the organization internally. C. Refers to the relationship between employee and employer. D. All of these answers are correct.arrow_forwardThe employment relationship: A. Indicate that employees are dependent on their employers for their livelihoods. B. Implies that employers depend on employees to make products, provide services, and run the organization internally. C. Refers to the relationship between employee and employer. D. All of these answers are correct.arrow_forwardSince the mid-1950s the proportion of American workers represented by unions has: A. Decreased. B. Grown only in the manufacturing sector. C. Remained about the same. D. Increased.arrow_forward
- Romantic relationships in the workplace are described by which statement? A. Most businesses have strict policies forbidding all romantic relationships in the workplace. B. Almost all businesses ban romantic relationships between employees in the different departments. C. OSHA requires businesses to forbid workplace romantic relationships. D. Many companies allow managers to become romantically involved with subordinates, so long as they do not supervise them directly.arrow_forwardA reason for an increase in employee monitoring does not include: A. To make sure employees do not disclose confidential information. B. To reduce the employer's health insurance premiums. C. To avoid lawsuits if employees act in inappropriate ways. D. To achieve greater efficiency at work.arrow_forwardA strong employer-employee relationship is central to: A. Achieving a corporation's environmental goals. B. Increasing the gross domestic product of a nation. C. None of these answers are correct. D. Satisfying the wishes of those who contribute their skills and talents to the company.arrow_forward
- The right to a safe and healthy workplace is accurately described by which statement? A. Extensive training and careful precautions are necessary to avoid accidents, injuries, and illness. B. Regulations and enforcement have failed to curb worker accidents. C. Over recent years no new categories of accidents or illnesses have emerged. D. A very limited number of jobs are potentially hazardous to workers’ safety and health.arrow_forwardEmployees in the United States have a legal right to: A. Organize and bargain collectively. B. A job. C. All these answers are correct. D. Months of vacation each year.arrow_forwardEmployees’ right to be left alone, or protecting an individual’s personal life from unwarranted intrusion from the employer, refers to: A. the right to a safe and healthy workplace. B. the right to organize and bargain collectively. C. the right to be informed. D. the right to privacy.arrow_forward
- When an employee believes their employer has done something that is wrong or harmful to the public, and he or she reports alleged organizational misconduct to the media, government, or high-level company officials, what has occurred? A. Snitching. B. Whistle-blowing. C. Insider trading. D. A violation of employee privacy.arrow_forwardMany of the assignments in MGT451 ask for a description of the formal organization for which your strategic initiative serves. Describe the governance mechanism used by this organization. Are these governance (i.e., control) mechanisms effective? Please explain. Share an example of a failure of corporate governance and the implications of the failure. This example might be from your work experience or an article you read about a company.arrow_forwardAs a result of the research and work you have assembled for the management team the last 8 weeks, the Managing Director has offered you the position of Global Operations Manager. With this position, you would be required to relocate to the expansion country and oversee the operations. While you have made various business trips overseas in your career, you have never lived overseas. You would be living abroad for three years, which would cause significant changes for your family and personal life. Initial Post Instructions Discuss in your initial post, as a future expatriate, what will you need to consider before accepting this position.arrow_forward
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