Mgt 304

MGT-304

Exam 1 Review

Format:

40 questions, all multiple choice.

75 minutes, once you start, you can’t stop.

Exam window: 3 days, you can take the test any time during this period, for exact dates/times see the syllabus.

The exams are non-cumulative.

Chapters: 7, 8, 9

The List of topics, concepts and definitions that you need to know for the exam:

Chapter 7: International Employee Relations

* Know what “union density” (aka unionization rate) is and how it may affect national economy

* General understand of union density differences across the world (and how the U.S. compares to the rest of the world)

* Know how labor unions may affect employees, organizations, industries and countries

* Know labor union pro and con arguments

* Know how union density may mean nothing if unions are weak

* Know how non-union workers may be represented (councils, codetermination)

* Know all definitions pertaining to labor unions, as well as the basics of the union types and unionization history (only a general understanding is sufficient for the exam).

Chapter 8: International Workforce Planning and Staffing

* Know pros and cons of hiring locals vs. sending expatriates from the perspectives of “their” and “your” governments, your organization, your competition, and your and “other” employees

* Have a basic understanding of the role of culture in hiring and management decisions

* Know the major factors that may affect your hiring decisions and labor availability (labor force size, unemployment, education, and so on).

* Know why some of these commonly used labor market statistics are not always informative, particularly know the limitations of GDP/Capita as an indicator of market health

* Know basic labor market trends (aging in the West, young in the East, etc.)

* Know the basics of the labor mobility (how much movement, what helps and impedes labor movement, etc.)

* Know pros and cons of relying on...