True/False Questions. Please Indicate True or False on the answer sheet. Do not leave any questions blank.

1. Tangible assets are relatively easy to measure and include such assets as inventory, equipment, real asset, and financial assets. Intangible human assets are relatively hard to measure and include reputation, employee talent, and the ability to innovate.

2. A vision is defined as a strong, enduring set of beliefs and tenets that the company holds dear, which help to define the company differentiate it from other companies.

3. A great deal of progress has been made in reducing the effects of the glass ceiling since the passage of Title VII, yet women are still underrepresented at all levels of management.

4. The objectives of competency modeling are to describe and record information about job behaviors, activities, and the purposes of jobs.

5. Judgmental forecasts rely on informed experts, usually managers and HR professionals, who provide their estimates of current and projected productivity levels, market demand and sales, current staffing levels, and mobility information.

6. Content validation uses statistical data to establish a relationship between predictor scores and outcome criteria.

7. With respect to training, person needs analysis involves an assessment of short- and long-term training and development needs given the business strategy, company culture, and expected changes in the external environment of the company.

8. In the film Harlan County USA, miner Lawrence Jones murders the sheriff, and Deputy Sheriff JH Blair in turn arrests Jones.

9. A differentiation strategy involves providing a product or service with unique attributes that set the product or service apart from competitors products.

10. The difference can involve location, image, quality, enhanced product attributes, or other characteristics.

11. The Fair Labor Standards Act eliminated pay inequity by establishing comparable worth standards for male and female pay differentials.

12. Proponents of balanced scorecards argue that organizations should monitor performance plans using four domains: finances, customers, operations, and employees. Nevertheless, most incentive plans emphasize only financial performance. The result is a mismatch between incentives and long-term effectiveness.

13. Most employers have rejected 401(k) plans because they do not provide the level of security that 403(b) plans offer.

14. Process safety focuses on design for safety, hazard analysis, material verification, equipment maintenance, and the reporting of process irregularities.

15. The AFL-CIO is a national union.

16. ASEAN removed most tariffs on most goods moving across its members borders. The result is that ASEAN countries will become more competitive and their trade with China will increase.

17. The Foreign Corrupt Practices Act forbids outright criminality overseas, but payments to foreign government officials to assist in obtaining or retaining business are legal.

18. In the United States, the National Labor Relations Board determines whether bargaining units are to be organized by a union. Administrative analysis and not elections or democratic processes determine which firms are unionized.

19. Presenteeism, employees coming to work when they are sick, is detrimental for three reasons: sick employees are unproductive; coming to work ill increases the duration of the illness; sick employees can infect other employees.

20. Older workers are more likely to have accidents, but when they have accidents, the accidents are less serious and less likely to result in fatalities.

21. The Unemployment Insurance Security Act is a national law, which provides unemployment insurance to all American employees who are unemployed.

22. Under lump-sum merit plans, performance appraisals are tied to lump-sum bonuses rather than to raises.

23. Under the point factor rating method, values are assigned to jobs using compensable factors, which are the dimensions of work that an organization chooses to use when establishing the relative value of jobs.

24. The direct index approach to performance appraisal provides appraisers with specific, direct examples of the behaviors that go along with each value on a rating scale, which can be assigned to an employees performance.

15. E-learning refers to the use of web-based learning, virtual classrooms, computerized learning modules, mobile technologies, gamification and other technologies for training and development.

16. In Why Wages Rise FA Harper shows the importance and necessity of government regulation to rising wages.