Identify the correct statement regarding the composition of the U.S. labor force during
the period 2012-2022.
A. The labor force is expected to grow at a greater rate than at any other time in U.S.
history.
B. The largest proportion of the labor force is expected to be in the 16- to 25-year age
group.
C. The number of workers under 40 years of age will exceed the number of workers 40
years of age or older.
D. Despite a small increase in the number of young workers, the overall workforce will
be aging.
E. The total cost of labor in the United States would considerably decrease.
Mike, the CEO of an automobile company, believes that profit sharing has increased the
productivity of his organization. He feels that an incentive plan motivates employees to
be more productive. Which of the following statements strengthens Mike’s argument?
A. In a profit-sharing plan, employees are the owners of the organization.
B. Profit sharing helps employees to cooperate and to focus on organizational interests.
C. Profit sharing makes employees workaholics.
D. In profit sharing, employees contribute their base salary for the development of the
organization.
E. Profit sharing benefits employees even if the organization makes less profit or no