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MIE 330 Exam 2 Review

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MIE 330 Exam 2 Review

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MIE 330 Exam 2 Review

____________ refers to the number and types of employees a
company needs to meet its current and future needs while
__________ refers to the availability of current and potential
employees to perform a company's jobs. Correct Answers labor
demand, labor supply

A firm is announcing a significant downsizing to be effective at
a future date. Why are they most likely making an early
announcement, or giving notice? Correct Answers WARN

A job description is Correct Answers the written summary of
the specific tasks, responsibilities, and working conditions of a
job

A labor shortage that is seen to be temporary, yet approaching
quickly, would be handled best by Correct Answers employee
overtime

A manufacturing company hit by a slump in demand is
experiencing a labor surplus. The company expects the market
to improve in six months, and it does not want to lay off any of
its employees. Which of the following strategies is an equitable
way to handle this issue that results in spreading the burden
more fairly? Correct Answers reduced work hours

All of the following discuss realities of attrition and hiring
freezes used for labor surplus situations except Correct Answers
current employees experience decreased commitment as they are
able to make a greater contribution to competitive advantage

, As a company considers whether a worker is an independent
contractor, the company needs to ensure that the worker Correct
Answers has significant independence in the oversight of their
work

As displayed in the Microsoft case employees were classified as
independent contractors when they were clearly employees due
to Correct Answers the control microsoft had over them

Brendan and Angela are HR managers at Seattle Investments.
They are expecting a labor surplus over the next two years when
the organization will have 24 more than the required number of
employees. Typically, two employees leave the organization
each month. In this scenario, which of the following is the best
way to deal with the predicted labor surplus? Correct Answers
They must consider natural attrition because the company has
enough time to deal with the labor surplus without causing
suffering to the employees

For larger firms, greater than 100 employees, the WARN act
creates obligations for firms managing their workforce? What is
it? Correct Answers if a firm is reducing its staff by 1/3 it must
give a 60 day notice

From a legal perspective, especially with consideration of the
Americans with Disabilities Act, it is critical that one outcome
of job analysis is Correct Answers The identification of the
essential duties to ensure that candidates can do those particular
duties

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