Under a Policy of Open-Book Management, Workers Are

question 51

Multiple Choice

Under a policy of open-book management, workers are

• A) expected to be totally honest with management.
• B) exposed to financial details of the firm.
• C) empowered to set their own wage rates.
• D) expected to manage the financial aspects of their organizational units.

Understand the protections against discrimination provided by laws such as the Age Discrimination in Employment Act and the Equal Pay Act.

Grasp the scope and limitations of damages recoverable under workers' compensation compared to negligence suits.

Recognize federal labor laws, including regulations on pay, hours, and discrimination, and their enforcement mechanisms.

Identify the mechanisms available for complying with state workers' compensation statutes and the limitations on employers' practices in labor relations.

---

Definitions:

Intelligence

The ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one's environment.

Crystallized Intelligence

The capacity to apply acquired knowledge and experience efficiently.

Fluid Intelligence

The ability to solve new problems, use logic in new situations, and identify patterns, without relying on previously acquired knowledge.

EEG

A test that measures the electrical activity of the brain using small, flat metal discs attached to the scalp.