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2) MC Qu. 8 Sun Dane Inc., a tire manufacturing ...

Sun Dane Inc., a tire manufacturing company, is in the process of developing a new product. Its R&D team has shortlisted the idea of a tire fitted with a sheet to keep off dirt. It is in the process of transforming the idea into an actual model. Sun Dane is currently in the _____ stage.

test marketing

commercialization

idea development

business analysis

product development

3) Facility location decisions are significant for an organization because:

proximity to market or community characteristics are not important factors.

of the high costs involved with the decisions.

speed of delivery is not very important.

most customer contacts occur in manufacturing facilities.

of the customers' preference to have production facilities located nearby.

16) MC Qu. 39 In the United States, workers ...

In the context of the Herzberg's two-factor theory, which of the following factors relate directly to the content of the work itself?

Social needs

Security needs

Self-respect

Creativity

Responsibility

18 The management at Links Inc. is faced with a strike threat from union members over a dispute concerning working hours for employees. The disputing parties approach a neutral third party to ensure that the discussions between them are carried forward. The third party, however, has no formal power over union representatives or over management. Which of the following processes is best exemplified in the scenario?

Arbitration

Mediation

Conciliation

Picketing

Whistle blowing

20) Camden Inc., a pharmaceutical company, allows woman to work from home on a part-time basis in cases where they needed to take care of kids. This arrangement is:

a flexible scheduling strategy.

an example of job enlargement.

a type of job rotation.

likely to increase turnover rates.

likely to increase production costs for businesses.

22) A human resources manager deciding how many new employees a company will need to fill vacant positions in the near future is engaging in the activity of _____.

compensating

training

planning

selling

recruiting

31) When a person pays $23,000 to buy a car, money primarily functions as a:

means of savings.

counterfeit deterrent.

treasury bill.

store of value.

measure of value.

33) Which of the following functions of human resources management includes testing?

Selection

Assessing

Training

Planning

Compensating

38) The management at LKS Inc., a firm manufacturing hard disks, is involved in a dispute with the union members representing its employees. The management and the labor union do not seem to agree on the amount of compensations that needed to be paid to employees. Failing to arrive at a compromise, the disputing parties involve a third party to resolve the issue and offer a solution to the problems. The solution provided by the third party is open to the approval of both parties involved and is not likely to be binding. The third party in the given scenario best represents a(n):

whistleblower.

arbitrator.

scab.

mediator.

strikebreaker.

50)Marino Autos Inc. measures and evaluates the quality of its cars and services against the market leaders in the automobile industry. Wherever there is a gap, Marino Autos Inc. tries to cover that gap by imitating the best practices of these market leaders. This is known as _____.

crowdsourcing

benchmarking

nearshoring

licensing

sampling