Free Market Supporters Have Criticized the German Social Market Economy

question 11

Multiple Choice

Free market supporters have criticized the German social market economy for

• A) its weak financial rules that allowed German banks to make risky financial investments abroad.
• B) its consistently high level of unemployment.
• C) the close relationship of German federal and state governments, business associations, and labor unions.
• D) generous labor laws, pension plans, and unemployment insurance.
• E) all of these.

Understand the objectives and importance of job analysis in organizational structure and workforce planning.

Comprehend the components and uses of job descriptions.

Identify the methods and techniques for conducting job analysis and the role of job analysts.

Recognize the legal aspects and legislation related to job analysis and descriptions, such as ADA.

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Definitions:

Wrongful Discharge

The unjust termination of an employee's contract of employment in violation of legal or contractual terms.

Progressive Discipline Policy

A system of discipline where the penalties increase upon repeat occurrences of misconduct.

Written Warning

A documented notice of violation or misconduct, typically given by an employer to an employee as part of disciplinary procedures.

NLRB

The National Labor Relations Board, an independent agency in the United States responsible for enforcing US labor law in relation to collective bargaining and unfair labor practices.