Quiz 9

Question 1

Strike

Answer 1

union-organized work stoppage designed to gain concessions from an employer.

Question 2

Civilian Labor Force

Answer 2

noninstitutionalized part of the population, aged 16 and over, either working or looking for a job.

Question 3

Market Theory of Wage Determination

Answer 3

explanation stating that the supply and demand for a worker’s skills and services determine the wage or salary.

Question 4

Signaling Theory

Answer 4

theory that employers are willing to pay more for people with certificates, diplomas, degrees, and other indicators of superior ability.

Question 5

Collective Bargaining

Answer 5

process of negotiating between union and management representatives over pay, benefits, and job-related matters.

Question 6

Glass Ceiling

Answer 6

seemingly invisible barrier hindering advancement of women and minorities in a white male-dominated organization.