The Way in Which Employees May Judge Culture Differently Could

question 72

Multiple Choice

The way in which employees may judge culture differently could lead to ________.

• A) a change in a company's mission
• B) employee turnover
• C) the implementation of pay-for-performance plans
• D) profitability

---

Definitions:

Labor Force

The labor force comprises all the working-age people in an economy who are either employed or actively looking for work.

Monopsony

A market condition where there is only one buyer for a product or service, giving the buyer significant power over prices and terms of sale.

Collective Bargaining

The process by which employers and a group of employees negotiate wages, working conditions, and other employment terms.

Strikes

A work stoppage caused by the mass refusal of employees to work, usually in protest against work conditions, pay levels, or company policies.