Technological Advances in the Workplace

question 31

Multiple Choice

Technological advances in the workplace:

• A) Can reduce or eliminate employees in a particular job classification.
• B) Can slow down production.
• C) Is encouraged to attract unions.
• D) Is not available in most industries.
• E) discourages outsourcing.

Understand the steps involved in the sociological research cycle, particularly publication as a crucial phase.

Acknowledge the variety of sources (e.g., personal records, existing documents, official statistics) available for analysis in sociological research.

Differentiate between exploratory and confirmatory research designs in sociological studies.

Understand the fundamental concepts of sociological research, including defining a hypothesis and understanding variables.

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Definitions:

M&M Proposition II

Modigliani and Miller's Proposition II states that a company's cost of equity increases as it increases its leverage due to the risk premium on equity.

Debt-Equity Ratio

A financial ratio that measures the relative proportion of shareholders' equity and debt used to finance a company's assets.

Financial Risk

The chance of incurring a loss in capital in an investment or business operation.

Business Risk

The potential for losses or less-than-expected profits within the operations of a company, not related to financial debt but to the business's environment and operations.