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MAN 3301 EXAM 3 REVIEW | QUESTIONS & ANSWERS | COMPREHENSIVE MANAGEMENT STUDY GUIDE | VERIFIED ANSWERS

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Master key human resource management concepts with this focused MAN 3301 Exam 3 Review. This INSTANT PDF DOWNLOAD (16 pages) provides clear definitions, verified answers, and essential turnover-related content. Master essential topics including: Involuntary turnover (organization-initiated) vs. Voluntary turnover (employee-initiated) Costs of involuntary turnover (recruiting, lost productivity, lawsuits, workplace violence) Costs of voluntary turnover (recruiting, lost productivity, loss of talented employees) Outcome fairness (judgment that consequences given to employees are just) Ideal for management, HR, or business students preparing for MAN 3301 Exam 3. Updated for the academic year 2025/2026, this guide strengthens understanding of employee separation and organizational justice.

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MAN 3301 EXAM 3 REVIEW
1. Involuntary turnover


*Answer√√ when the organization initiates letting employees go


2. Voluntary turnover


*Answer√√ when the employees initiate leaving the organization


3. Cost of involuntary turnover


*Answer√√ recruiting selecting and training replacements, lost productivity, lawsuits, and


workplace violence


4. Cost of voluntary turnover


*Answer√√ recruiting selecting and training replacements, lost productivity, loss of talented employees


5. Outcome fairness


*Answer√√ a judgement that the consequences given to employees are just

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,6. Procedural justice


*Answer√√ a judgement that fair methods were used to determine the consequences an employ-ee


receives


7. Interactional justice


*Answer√√ a judgement that the organization carried out its actions in a way that took the employee's


feelings into account


8. Legal requirements


*Answer√√ wrongful discharge, discrimination, employees' privacy, notification of layotts


9. Progressive discipline


*Answer√√ a formal discipline process in which the consequences become more serious if the employee


repeats the ottence


10. Alternative dispute resolution (ADR)


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, *Answer√√ methods of solving a problem by bringing in an impartial outsider but not using the court


system


11. Open door policy


*Answer√√ an organization's ADR policy of making managers available to hear complaints


12. Peer review


*Answer√√ process (ADR) for resolving disputes by taking them to a panel composed of representatives


from the organization at the same levels as the people in the dispute


13. Mediation


*Answer√√ conflict resolution procedure (ADR) in which a mediator hears the views of both sides and


facilitates the negotiation process but has no formal authority to dictate a resolution


14. Arbitration


*Answer√√ conflict resolution procedure (ADR) in which an arbitrator or arbitration board determines a


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