Management Exam 550 Questions with Verified
Answers
Affirmative action is any action taken by an employer to overcome discriminatory
effects of past or current practices or policies that create barriers to equal
employment opportunity. - CORRECT ANSWER Affirmative Action
A federal law passed in 2010, which prohibits insurers from denying coverage to
individuals with pre-existing conditions, sets minimum standards for health
insurance policies, includes an individual mandate for individuals to have a health
insurance policy, and expands Medicaid eligibility for many individuals and
families. - CORRECT ANSWER Affordable Care Act (ACA)
The denial of rights or privileges or other unfair treatment of someone (an
applicant or employee) because of age. - CORRECT ANSWER Age Discrimination
A federal law that protects workers age 40 and older from employment
discrimination based on their age. - CORRECT ANSWER Age Discrimination in
Employment Act of 1967 (ADEA)
A federal law that prohibits discrimination on the basis of disability. The ADA
ensures equal opportunity for individuals with disabilities in all aspects of
employment as well as in other public services. - CORRECT ANSWER Americans
with Disabilities Act of 1990 (ADA)
,A screening instrument that gathers a large amount of applicant biographical and
vocational information for relatively little cost. - CORRECT ANSWER Application
Bona fide occupational qualifications are employment qualifications that
employers are permitted to consider while making decisions about hiring and
retaining employees. However, consideration of these qualities in any other
contexts might be deemed discriminatory. - CORRECT ANSWER BFOQ
People born between 1946 and 1964; in general, they greatly value loyalty,
financial security, stability, and a positive work ethic. - CORRECT ANSWER Baby
Boomers
A process to verify job-related requirements of the applicant. Background checks
include reviewing items such as driving record, criminal record, credit history, and
academic records. - CORRECT ANSWER Background Checks
The values and principles that are used to evaluate whether the collective
behavior of an organization's members is appropriate. - CORRECT ANSWER
Business Ethics
Provides for payment of profit shares at regular intervals. - CORRECT ANSWER
Cash Plan
Comprehensive civil rights legislation, signed into law by President Lyndon B.
Johnson, which prohibits employment discrimination on the basis of race, color,
religion, sex, or national origin. - CORRECT ANSWER Civil Rights Act of 1964
,This Act allows for compensatory and punitive damages for violations of Title VII. -
CORRECT ANSWER Civil Rights Act of 1991
These acts prohibit employers from discriminating against minorities. - CORRECT
ANSWER Civil Rights Acts of 1866, 1870, and 1871
A consequentialist theory of ethics evaluates the rightness or wrongness of an
action based on the consequences of that action. - CORRECT ANSWER
Consequentialist Theories
A method used to confirm that a selection test measures what it is intended to
measure by comparing the test to the job description (knowledge, skills, and
abilities required to complete a job). - CORRECT ANSWER Content Validity
The correlation coefficient reflects the stability of a test over time—the higher the
coefficient of stability, the more reliable the measure. - CORRECT ANSWER
Correlation Coefficient
A culture represents an organization's value system. It includes factors such as
employees' willingness to work, their ethics, how the organization thinks they
should be treated, and so on. - CORRECT ANSWER Culture
A retirement plan in which the employer commits (and pays) a specific monthly
benefit (or amount) to the employee when the employee retires. - CORRECT
ANSWER Defined Benefit Plan
, A retirement plan in which the employer pays a specific amount, or contribution,
to an employee's retirement during each pay period that the employee is with the
firm. Both the traditional 401(k) and Roth 401(k) plans are examples of defined
contribution plans. - CORRECT ANSWER Defined Contribution Plan
A method of group decision-making and forecasting that involves successively
collating the judgments of experts. - CORRECT ANSWER Delphi Technique
Deontological theories of ethics evaluate the rightness or wrongness of an action
based on how well that action conforms to some rule or principle, regardless of
the consequences. - CORRECT ANSWER Deontological Theories
The first phase of the process of human resources planning. Developing data
includes taking inventories of the current workforce, projecting future needs, and
understanding what will be required to meet those needs. - CORRECT ANSWER
Developing Data
Activities or actions that help an employee prepare for future jobs. - CORRECT
ANSWER Development
The money paid directly to employees in exchange for their work, including
wages, salaries, bonuses, commissions, and tips. - CORRECT ANSWER Direct
Compensation
According to the Americans with Disabilities Act, a disability can include such
things as a physical or mental impairment that substantially limits one or more
major life activities; a record of such impairment; or being perceived as having
such an impairment. - CORRECT ANSWER Disability