Question 1

The bonus system is designed to encourage employees to focus on long-term performance.

Accepted Answer

A) True 
 B)False

Question 2

Match each item with the correct statement below.
-Benefits plan that allows employees choose the benefits that meet their personal needs.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage 
A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 3

Paid holidays are an example of an employee benefit.

Accepted Answer

A) True 
 B)False

Question 4

A variation of the combination plan that links employee rewards to the achievement of important department or company goals is the use of

Accepted Answer

A)  health insurance 
B)  employee benefits 
C)  bonuses 
D)  promotions 
A)  health insurance 
B)  employee benefits 
C)  bonuses 
D)  promotions

Question 5

Job skills training would include

Accepted Answer

A)  time management 
B)  sales and customer service 
C)  safe working procedures 
D)  English as a second language 
A)  time management 
B)  sales and customer service 
C)  safe working procedures 
D)  English as a second language

Question 6

Match each item with the correct statement below.
-The process of assessing how well employees are doing their jobs.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage 
A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 7

Piece-rate plans can be applied not only to factory workers but to telemarketers, data-entry workers, and others.

Accepted Answer

A) True 
 B)False

Question 8

Minimum wage laws are considered a social as well as economic policy.

Accepted Answer

A) True 
 B)False

Question 9

Match each item with the correct statement below.
-Compensation plan that pays a percentage of the volume of sales for which an employee is responsible.

Accepted Answer

A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage 
A) Bonus 
B) cafeteria plan 
C) commission plan 
D) employee benefits 
E) flex-time
F)formal training
G)informal training
H)job sharing
I)performance review
J)piece-rate plan
K)salary
L)time plan
M)wage

Question 10

Managers should conduct formal performance reviews of all employees at least

Accepted Answer

A)  weekly 
B)  when the employee requests it 
C)  once or twice a year 
D)  monthly 
A)  weekly 
B)  when the employee requests it 
C)  once or twice a year 
D)  monthly

The bonus system is designed to encourage employees to focus on long-term performance.

Match each item with the correct statement below. -Benefits plan that allows employees choose the benefits that meet their personal needs.

Paid holidays are an example of an employee benefit.

A variation of the combination plan that links employee rewards to the achievement of important department or company goals is the use of

Job skills training would include

Match each item with the correct statement below. -The process of assessing how well employees are doing their jobs.

Piece-rate plans can be applied not only to factory workers but to telemarketers, data-entry workers, and others.

Minimum wage laws are considered a social as well as economic policy.

Match each item with the correct statement below. -Compensation plan that pays a percentage of the volume of sales for which an employee is responsible.

Managers should conduct formal performance reviews of all employees at least

Managers and Managing

Management, Supervision, and Decision Making

The Manager As Leader

Planning and Organizing

Staffing, Leading, and Controlling

Characteristics of Business

Social and Ethical Environment of Business

Economic Environment of Business

International Environment of Business

Managing the Form of Business Ownership

Legal Aspects of Business

Technology and Information Management

Organizational Communications

Data Analysis and Decision Making

Business Financial Records

Financing a Business

Financial Services

Credit and Insurance

Managing Production and Operations

Nature and Scope of Marketing

Product Development and Distribution

Pricing and Promotion

Managing Human Resources

Developing an Effective Organization

Filters

Exam 24: Rewarding and Developing Employees

The bonus system is designed to encourage employees to focus on long-term performance.

Match each item with the correct statement below. -Benefits plan that allows employees choose the benefits that meet their personal needs.

Paid holidays are an example of an employee benefit.

A variation of the combination plan that links employee rewards to the achievement of important department or company goals is the use of

Job skills training would include

Match each item with the correct statement below. -The process of assessing how well employees are doing their jobs.

Piece-rate plans can be applied not only to factory workers but to telemarketers, data-entry workers, and others.

Minimum wage laws are considered a social as well as economic policy.

Match each item with the correct statement below. -Compensation plan that pays a percentage of the volume of sales for which an employee is responsible.

Managers should conduct formal performance reviews of all employees at least

Managers and Managing

Management, Supervision, and Decision Making

The Manager As Leader

Planning and Organizing

Staffing, Leading, and Controlling

Characteristics of Business

Social and Ethical Environment of Business

Economic Environment of Business

International Environment of Business

Managing the Form of Business Ownership

Legal Aspects of Business

Technology and Information Management

Organizational Communications

Data Analysis and Decision Making

Business Financial Records

Financing a Business

Financial Services

Credit and Insurance

Managing Production and Operations

Nature and Scope of Marketing

Product Development and Distribution

Pricing and Promotion

Managing Human Resources

Developing an Effective Organization

Filters