MILESTONE 24/25 X 24/25 & that's 96% RETAKE 24 questions were answered correctly. 1 question was answered incorrectly. 1 Suppose a company decides to increase employee salaries 40% above what they are currently earning. According to past examples, what is the most likely outcome? The employees tend to work O harder and smarter. O The company sees an increase in layoffs and dismissals. The company transforms itself into one that offers options such as remote work, which saves on gas and commute time. C
The company must shut down C because they can no longer afford the wages. RATIONALE When companies have gotten creative with compensation, those companies often see profits increase because employees work harder and smarter, and are more motivated. CONCEPT -> Compensation 2 What is one rationale used to oppose globalization? C Increased GDP C Government control C Lack of flexibility in production Unemployment in developed countries RATIONALE
Some people oppose globalization because they think it means job losses in their own developed countries. 3 × What is one way acculturation occurs? Consumerism × O Localized media reach Economic development C Governmental pressure RATIONALE Acculturation occurs through economic development and the worldwide reach of the media, not through governmental pressure or consumerism. CONCEPT > Business Ethics and Culture 4 What is the relationship between a closed shop and right-to- work laws?