FINANCE

BUSI 342 EXAM 3

Question 1

1. The high rate of turnover of nursing staff is a major concern at Briar Mountain Regional Medical Center. Many experienced nurses resist moving into management, but exit interviews indicate that many of the best nurses leave Briar Mountain because they feel they cannot advance in the organization. Which of the following steps would be most efficient in reducing the turnover of nursing staff?

 

a. Hiring nurses who are later in their careers, where advancement is less of a concern to them

 

b. Providing retention bonuses and significant pay raises tied to seniority

 

c. Implementing a dual-career ladder for nurses

 

d. Offering to pay tuition for nurses who wish to enroll in MBA programs so they are more qualified to take managerial positions

2 points

Question 2

1. The modeling process involves only straightforward imitation and copying.

True

False

2 points

Question 3

1. The career stage that hinders the job progression of many women with family responsibilities and blocks them from advancing to executive ranks is the late career stage.

True

False

2 points

Question 4

1. When opportunities for promotion are scarce, a good way to keep employees motivated and develop their talents within the organization is _____.

 

a. to send them to a corporate university

 

b. to encourage practices of glass ceiling

 

c. to give them a sabbatical or leave of absence

 

d. to rotate them through lateral transfers

2 points

Question 5

1. Encapsulated development occurs when a single work unit in an organization is used to pilot test new training programs.

True

False

2 points

Question 6

1. Which of the following statements is true?

 

a. Policies that encourage sequencing are needed in order to recruit women with children into the full-time workforce.

 

b. Glass ceiling allows women to efficiently strike a balance between their personal lives and careers.

 

c. Job sequencing has proven to be a successful career tactic for women wishing to combine work and family, since its impacts on career advancement are nonexistent.

 

d. Now that women are in the workforce in nearly the same proportion as men, the differences between men’s and women’s careers are expected to disappear by 2015.

2 points

Question 7

1. What impact does development have on an individual’s career?

 

a. The employee’s ability to learn specific behaviors is likely to be compromised.

 

b. The individual’s marketability at other organizations will be reduced due to employer-specific specialization.

 

c. The employee’s career goals will be subordinated to the organization’s goals.

 

d. The employee is likely to acquire abilities to handle a variety of assignments that might not be required for his or her current position.

2 points

Question 8

1. A(n) _____ is a sequence of work-related positions a person occupies throughout life.

 

a. career

 

b. profession

 

c. job ladder

 

d. occupation

2 points

Question 9

1. Ambrose is discussing his college major with his best friend. Ambrose says that his parents want him to be a Certified Public Accountant (CPA) just like them when he graduates. However, Ambrose says, “I just don’t see myself as an accountant!” Which of the following can be concluded from the information given in this scenario?

 

a. Ambrose’s interest is clashing with his self-image.

 

b. Ambrose’s self-image is not congruent with his parent’s image of him.

 

c. Ambrose’s choice is conflicting with that of his peers.

 

d. Ambrose belongs to a personality type that is not likely to go for a practical job.

2 points

Question 10

1. When an organization ties formal succession plans to career paths for employees, it _____.

 

a. discourages employees who have not been selected to succeed key managers which reduces overall morale

 

b. runs the risk that the chosen successors will feel they have a legal or moral right to the job when it becomes available

 

c. improves employee retention and performance motivation

 

d. discourages the practice of making status-blind employment decisions

2 points

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