Question 26

There are two categories of employer-sponsored retirement plans: defined benefit plans and which of the following?

Investments

O Dividend plans

O Undefined benefit plans

O Defined contribution plans

Question 25

Muhammad is hired as a mechanic, consistently gets annual raises, and receives stellar performance reviews. Then, he finds out that a new hire in the same position is receiving just $100 less than he makes a year. Which of the following has occurred?

• Unfair compensation
• Pay compression
• External inequity

O Pay inversion

Question 24

Which of the following must receive overtime pay for hours over 40 per workweek?

• Essential workers
• Exempt emplovees
• Non-essential workers
• Non-exempt employees

Question 23

You are shopping at a local bookstore and see the cashier wearing an "it's my birthday" shirt. He tells you that he turned 13 yesterday and that his parents own the store. You should.

• Carry on as this is not an instance of illegal child labor
• Report the store for illegal child labor under the Fair Labor Standards Act
• Wait until you can find the cashier's parents, and inform them directly that they are engaging in illegal child labor so that you don't get them in trouble with the law

O Ask the cashier directly if they know they're breaking the law so that you don't get him in

trouble with his parents

Question 22

What CANNOT explain the phenomenon of social loafing?

The presence of faultlines

Coordination loss as more people perform the task

Motivational loss due to the sharing of rewards

O Loss of personal accountability

Question 21

Maria Henderson is the assistant comptroller at Tie & Belt, Inc. She meets every Tuesday with Marvin Smith, a sales clerk, and Mark Corbin, a production systems analyst, to discuss common problems they are having learning a computer program.

The three decided to start meeting together after they ran into each other at the local computer store, where they were waiting in line to ask a salesperson questions about the program. This group would be classified as

O An informal group

O A task force

O A steering committee

A command group

Question 20

How does a group differ from a team?

Groups are smaller than teams.

In a group, individuals have personal agendas. In a team, personal agendas are totally suppressed.

O A group is a collection of people that may work towards independent outcomes; a team's

effectiveness is measured by their collective outcomes

O A group is a cohesive coalition of people; a team is a collection of people.

Question 19

The work team at More 4 Babies, Inc. is made up of technical specialists from different areas of the company. This feature of the work team at More 4 Babies is referred to as

O Cohesiveness

O Cross-functionalism

• Social loafing
• Groupthink