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HRCI Exam PHR Topic 2 Question 92 Discussion

Actual exam question for HRCI's PHR exam
Question #: 92
Topic #: 2
[All PHR Questions]

An organization would like to bid on a project, but they don't have enough employees available to complete the work. The organization approaches a competitor with the opportunity to partner on the project to win the work. What type of risk response is used in this instance?

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Suggested Answer: C

The Railway Labor Act was a critical win for the management, in that it helped keep trains, and later airlines, from striking - to disrupt travel of citizens. The act was created to keep the trains moving - with a few exceptions, such as safety.

Answer option A is incorrect. The Clayton Act clarified language in the Sherman Antitrust Act, and deemed labor unions and agricultural unions exempt from the Sherman Antitrust Act.

Answer option D is incorrect. The National Industrial Recovery Act guaranteed laborers the right to organize and bargain collectively.

Answer option B is incorrect. The National Labor Relations Act, also known as the Wagner Act, guaranteed the right to self-organization, to form, join, or assist labor organization, to bargain collectively through representatives of their own choice.


Contribute your Thoughts:

Truman
3 days ago
I'm not sure, but I think it could also be A) Sharing. The organization is sharing the resources and responsibilities with the competitor to mitigate the risk.
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Elke
5 days ago
I agree with Shenika. By partnering with a competitor, the organization is transferring the risk of not having enough employees to complete the work.
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Ellsworth
6 days ago
Hmm, partnering with a competitor? That's a bold move, but I guess it's better than trying to do it all themselves. Let's see what the experts say.
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Shenika
10 days ago
I think the answer is D) Transference.
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