Complete the Following Using the Terms Listed

question 42

Multiple Choice

Complete the following using the terms listed.
-_____ are retirement savings plans to which employees can make pretax contributions.

• A)Job enlargement
• B)360-degree performance review
• C)collective bargaining
• D)Theory Y
• E)Downsizing
• F)outsourcing
• G)Flexible work plans
• H)grievance
• I)401(k)plans
• J)human resource management
• K)performance appraisals
• L)Employee separation
• M)lockout
• N)arbitration

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Definitions:

Wage Rate

The amount of money paid to an employee per unit of time, such as an hour or a week.

Hiring Workers

The process of employing individuals to perform tasks or services for a business or organization in exchange for compensation.

Shoe Shine Parlor

A storefront or establishment specializing in the cleaning, conditioning, and polishing of shoes.

Labor Demand Schedule

A chart or graph showing the quantity of labor that employers are willing to hire at different wage levels.