6.25 points Save Answer Which of the following IS NOT a similarity shared between the labor environment in the 1930s and today? a. Workers in both time periods had power as they could withold their labor and they were difficult to replace b. Workers in both time periods felt a disconnect between the amount they're being paid and the large profits being made by firms O c. Major events in both time periods led to a collectively shared trauma, resulting in workers feeling vulnerable and betrayed O d. Key politicians and regulatory agencies in both time periods were favorable towards unions > Moving to another question will save this response. 1 A O - SAMSUNG6.25 points Save Answer Over the past several decades, we have seen a transition in the quality of work that companies offer employees - especially in service industry jobs. Which of the following statements best describes these broad changes in work quality? O a. Employee benefits are increasing - firms are trying to reduce turnover through employee retention programs, like offering expensive benefits packages O b. Work hours are getting shorter - many employers are reducing the number of hours worked per employee and are hiring more part-time employees to avoid being subject to regulations on employee benefits O c. Work hours are more flexible - employee productivity continues to rise and firms are offering their workers more flexibility in their schedules as they continue to do more work in a shorter amount of time O d. All of the above describe changes in the quality of work that companies offer employees > Moving to another question will save this response. 1 77 4 SAMSUNGWhich of the following best describes how changes in employee activism over the past several years have impacted firms? O a. It has blurred the line between the internal and external environments of the firm O b. It has weakened public opinion of labor unions and strengthened the firm's ability to oppose them O c. It has led to labor surpluses, making it easier for firms to source top talent O d. It has decreased the amount of attention workers pay to the political actions of top management and shareholders A Moving to another question will save this response. > A Moving to another question will save this response. 4 SAMSUNGQuestion 6 Diverse workforces can have numerous benefits for companies. Which of the following IS NOT a benefit of diversity? O a. Greater flexibility O b. Improved decision making O c. More harmonious communication Od. Increased innovation e. Higher levels of creativity A Moving to another question will save this response. > A Moving to another question will save this response. SAV 4 SAMSUNGQuestion 8 6.25 points Save Ansu The 1930s brought us the birth of managerial capitalism, which also led to the agency problem. In the 1980s, investors solved the agency problem by changing the performance incentives for management. What impact did this change have on other stakeholders of the firm? a. Government officials were pressured to lower subsidies under the threat of job cuts b. The growth rate of per capita income increased c. Worker productivity increased, which was reflected in wage rates O d. Suppliers were pressured to lower their prices A Moving to another question will save this response. > 4 W SAMSUNGQuestion 1 6.25 points Save Federal governments have the ability to create regulations that shape the behavior of firms, influencing whether they take a short-term approach to shareholder profits or a long-term approach to building firm wealth and competitiveness. Which of the following IS NOT one of the tools that governments have used to ensure that firms prioritize the long-term needs of stakeholders over the short-term wants of shareholders? O a. Give formal representation to workers through positions on corporate boards and other supervisory bodies O b. Allow the government to hold a sizeable share of stock in key enterprises O c. Tie the pay of top managers to the success of the company via the firm's stock price O d. Create differential voting rights for different classes of shares e. Use cross-shareholding, whereby friendly companies hold shares of each other's stock A Moving to another question will save this response. Question 1 of 16 > >> S 4 1 P SAMSUNGQuestion 13 6.25 points Egalitarian boards are better able to take advantage of diversity than hierarchical boards because: O a. They have a more collegial culture that is able to accept and integrate differing opinions O b. They make use of similarity bias to hire board members that share comparable values and backgrounds O c. They take a narrower view of diversity, which reduces the number of types of diversity on the board and leads to more productive discussions O d. They have strong leaders who are able to take control of board meetings and dominate discussion Moving to another question will save this response. > 1 4 SAMSUNG6.25 points Save Answer You are an individual investor in a company and you are particularly unhappy with the performance of one of the board's directors. Board elections are coming up and you would like to pressure the underperforming board member to withdraw from the election. Which of the following shareholder activism tactics should you use? O a. Shareholder proposal O b."Vote no" campaign O c. Say on pay O d. Hedge fund activism > Moving to another question will save this response. > 1 4 SAMSUNG6.25 points Save Answer The gig economy has a number of implications for US society as a whole. Because benefits in the US are traditionally provided through employment, which of the following best represents the likely result of our country's growing gig-based workforce? O a. Entrepreneurship in the US will increase as gig workers start their own businesses as a way to get health insurance O b. The growing gig workforce's need for retirement benefits will spur innovation in the financial products industry, benefiting all of society O c. The state will increasingly have to pay the healthcare and retirement costs of gig workers that don't have benefits O d. The growing number of gig workers purchasing their own health insurance will drive healthcare prices up, making healthcare more expensive for everyone > A Moving to another question will save this response. > 1 77 4 SAMSUNG KISSKQuestion 14 6.25 points A Hispanic Black woman uses her English middle name on her resume and does not include her leadership role in a Black business student organization when applying for jobs. What is this an example of? O a. Unethical job seeking practices b. Illusion of fairness c. Cultural similarity O d. Application bias O e. Resume whitening A Moving to another question will save this response. > 77 1 cali 4 SAMSUNG6.25 points Sav Which of the following best explains why Starbucks agreed to the shareholder proposal on plastic straws submitted by As You Sow? O a. The price of plastic straws had been increasing and Starbucks saw the proposal as an opportunity to both please stakeholders and cut costs O b. As You Sow's shareholder proposal received 25% of the vote and corporations generally concede to proposals once a quarter of shareholders vote for them O c. Starbucks was already planning on banning plastic straws before the shareholder proposal was voted on. The company waited until after the vote to announce their plan because working with As You Sow would generate good PR d. Many cities were already considering plastic straw bans and agreeing to the proposal allowed Starbucks to act before regulatory action was taken > A Moving to another question will save this response. W 77 4 SAMSUNG