__________ Employees Tend to Have Higher Salaries and Substantially More

question 17

Multiple Choice

__________ employees tend to have higher salaries and substantially more benefits than __________ employees. Thus, _________ firms tend to have __________ labor costs than similar _________ firms.

• A) Unionized, nonunionized, nonunionized, higher, unionized
• B) Nonnionized, unionized, unionized, lower, nonunionized
• C) Unionized, nonunionized, unionized, higher, nonunionized
• D) Nonunionized, unionized, higher, nonunionized
• E) None of the above are correct.

Identify career management responsibilities of organizations and employees.

Explain the role of goal setting and action plans in career development.

Understand the organization's role in the goal-setting stage of career management.

Distinguish different methods used by managers and peers to develop employees.

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Definitions:

Total Labor Cost Variance

This refers to the difference between the actual labor costs incurred and the standard labor costs for the actual production levels.

Labor Per Unit

The amount of labor cost assigned to each unit of production.

Direct Labor

The wages of employees or workers who are directly involved in the production of goods or services.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected, multiplied by the standard cost per unit.