BUS 409 Week 5 Quiz 4

•Question 1

Which of the following is true regarding group incentive plans?

•Question 2

Which of the following is true concerning incentive pay?

•Question 3

Which of the following performance measures corresponds to individual-, group, and companywide incentive plans, respectively?

•Question 4

The general rule of thumb is that short-term company goals last less than how long?

•Question 5

Which of the following teams consists of a group of people who are assembled to complete a one-time assignment?

•Question 6

Which best describes incentive pay?

•Question 7

Which individual incentive plans require the achievement of multiple, complex objectives without compromising the quality and quantity of output?

•Question 8

This type of individual incentive plan rewards employees who recruit new customers or new employees.

• Question 9

These profit sharing plans award cash to employees on a quarterly or annual basis as part of their regular compensation.

•Question 10

Profit sharing plans and employee stock option plans are incentives on what level?

•Question 11

Companies can control costs by replacing annual merit or seniority increases or fixed salaries with which type of plans?

•Question 12

Which of the following is NOT a financial measure?

•Question 13

Which of the following is an operational measure used in company-wide incentive plans?

•Question 14

Which gain sharing plan bases incentives on the ratio between labor costs and sales value of production (SVOP)?

•Question 15

What is the main objective of Scanlon plans?

•Question 16

Evidence suggests that person-focused pay programs lead to which of the following?

•Question 17

This type of pay system rewards employees for successfully acquiring new job-related knowledge.

•Question 18

Which pay model promotes learning and skills development for a wide variety of jobs from different job families?

•Question 19

This is considered "at the heart" of person-focused pay programs.

•Question 20

Person-focused pay programs that emphasize vertical skills work well at manufacturing companies that organize work flow around which type of organization?

•Question 21

Which of the following pay systems is used by unions and contractors to reward their carpenters for increasing carpentry abilities?

•Question 22

This term refers to the level of specialization or expertise an employee possesses in a particular job.

•Question 23

Which of the following is a characteristic of job-based pay?

•Question 24

Which compensation approach refers to three types of person-focused pay programs?

•Question 25

Which person-focused model links pay levels to increased knowledge and skills within the same general job category?

•Question 26

This type of person-focused pay plan can result in lending an employee from one area in the company to other areas.

•Question 27

When a filing clerk is trained to maintain employee attendance records, it is an example of acquiring which type of skills?

•Question 28

Manufacturing companies that use assembly lines where one employee's job depends on the work of at least one other employee can be described as which of the following settings?

•Question 29

Employees would need to learn these types of skills in order to develop self-managed work teams.

•Question 30

This model is geared to promoting staffing flexibility in a company by training employees in one area of the company with some of the critical skills that are needed to perform effectively in another area of the company.

 

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Status NEW Posted 20 Sep 2019 09:09 AM My Price 5.00

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