Question 1

Many companies do not provide any formal training for dealing with prevention of violence in the workplace.

Accepted Answer

Many companies do not provide any formal training for dealing with prevention of violence in the workplace, which can lead to increased risk for their employees.

Question 2

Marco is the newly appointed CEO of the Sine of the Times Corporation. The board of directors approved an attractive stock option package as part of his total compensation. From this information, you would assume that one of the board's objectives is to stabilize the value of Sine of the Times' stock by preventing it from rising or falling more than a small percentage.

Accepted Answer

The fact that the board approved a stock option package for Marco as part of his compensation does not necessarily indicate that their objective is to stabilize the value of the company's stock. Stock options can be used as a way to incentivize and reward executives for their performance and to align their interests with those of the shareholders.

Question 3

Elder care costs are likely to remain a major issue for businesses for many years.

Accepted Answer

With an aging population, the demand for elder care services is increasing, and the costs associated with providing such care are expected to rise as well. This is likely to continue to be a significant issue for businesses that offer employee benefits, such as healthcare and retirement plans.

Question 4

Reece discovered that a male coworker is paid $1.50 per hour more than she is even though they have the same job title, have similar qualifications, and have been employed the same length of time. Unfortunately for Reece, it is legal for the hospital to pay different salaries to different workers who perform the same job.

Accepted Answer

The answer of Reece discovered that a male coworker is...

Question 5

Since violence in the workplace rarely results in severe injury, it is likely not to be much of a problem in the future.

Accepted Answer

This statement is false. Violence in the workplace should always be taken seriously as it can have severe consequences for the wellbeing and safety of employees. It is important to take preventative measures and address any violent behavior immediately.

Question 6

The number of households that face the burden of caring for one or more elderly parents has increased significantly over the past decade.

Accepted Answer

With the aging population, more and more adult children are becoming caregivers for their elderly parents or relatives. This trend is expected to continue as the number of seniors in need of care continues to grow.

Question 7

Over the next decade costs associated with elder care are likely to have a much smaller impact on businesses than child-care costs.

Accepted Answer

The answer of Over the next decade costs associated with...

Question 8

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.

Accepted Answer

The answer of Although the general public often sees the...

Question 9

Alcohol and drug abuse are serious workplace issues but they involve far fewer workers than AIDS does.

Accepted Answer

This statement is false. While alcohol and drug abuse are serious workplace issues, AIDS affects a larger number of workers globally. According to the World Health Organization, there were an estimated 38 million people living with HIV/AIDS worldwide in 2019.

Question 10

Today, over 70% of all companies require some type of drug testing.

Accepted Answer

This statement is true according to various sources, including the American Management Association and the Society for Human Resource Management.

Question 11

According to the Legal Briefcase, "Paying for Incompetence", businesspersons understand that the capitalist system has no choice but to tolerate huge disparities between a CEO's salary and a regular employee.

Accepted Answer

The answer of According to the Legal Briefcase, "Paying for...

Question 12

In recent years federal programs such as Medicare and Medicaid have greatly reduced the financial burden on families faced with caring for elderly adults.

Accepted Answer

The answer of In recent years federal programs such as...

Question 13

Due to threats of violence at work, some states have passed laws permitting companies to seek temporary restraining orders on behalf of their management.

Accepted Answer

Some states, such as California, have passed laws allowing companies to seek temporary restraining orders to protect their employees from threats or violence at work. These orders can be obtained on behalf of the management if they are also at risk of harm.

Question 14

The spread of AIDS within the U.S. has declined in recent years.

Accepted Answer

According to the Centers for Disease Control and Prevention (CDC), the incidence of new HIV diagnoses has declined by approximately 8% from 2015 to 2019 in the U.S. This suggests a decrease in the spread of HIV/AIDS within the country.

Question 15

According to the Legal Briefcase box associated with Chapter 12, we can cite several examples where CEOs in the U.S. received significantly large exit compensation packages even though the profit performance of their firms under their watch was rather meager to very poor.

Accepted Answer

The Legal Briefcase box associated with Chapter 12 provides examples of CEOs in the U.S. receiving large exit compensation packages despite poor profit performance of their firms under their watch.

Question 16

Alcohol is the most widely used drug in the workplace.

Accepted Answer

According to numerous studies, alcohol is indeed the most widely used drug in the workplace. This can lead to problems such as decreased productivity, workplace accidents, and increased employee absenteeism.

Question 17

One in six violent crimes that are committed in the U.S. occur in the workplace.

Accepted Answer

According to the Occupational Safety and Health Administration (OSHA), one in six violent crimes that are committed in the U.S. occur in the workplace.

Question 18

According to the Legal Briefcase box from Chapter 12 that highlighted the exorbitant salaries of some past company CEOs: When it is all said and done, restructuring compensation packages to be more equitable is in the hands of the companies themselves.

Accepted Answer

The Legal Briefcase box states that restructuring compensation packages is ultimately the responsibility of the companies themselves.

Question 19

According to the Occupational Safety and Health Administration (OSHA), the third leading cause of job-related fatalities is homicide.

Accepted Answer

According to OSHA, homicide is indeed the third leading cause of job-related fatalities.

Question 20

The high cost of illegal drug use in the workplace has resulted in a rise in the number of firms that test employees and job applicants for drugs.

Accepted Answer

This statement is true. Many companies now have drug testing policies to ensure that their employees are not using illegal substances, which can lead to decreased productivity, absenteeism, accidents, and other problems in the workplace.

Quiz 12: Dealing With Union and Employeemanagement Issues