Question 1

The logic behind gain-sharing plans is that:

Accepted Answer

A)  reward systems such as pay for performance are practical only when performance can be easily and objectively measured. 
B)  those who are making lower salaries get larger percentage increases,whereas those earning higher salaries get a flat raise. 
C)  if everyone works to reduce cost and increase productivity,the organization will become more efficient and have more money to reward its personnel. 
D)  individuals who do superior work can be given increases greater than the rest of their colleagues. 
A)  reward systems such as pay for performance are practical only when performance can be easily and objectively measured. 
B)  those who are making lower salaries get larger percentage increases,whereas those earning higher salaries get a flat raise. 
C)  if everyone works to reduce cost and increase productivity,the organization will become more efficient and have more money to reward its personnel. 
D)  individuals who do superior work can be given increases greater than the rest of their colleagues. C

Question 2

When the decision taken by a manager is incorrect,the impact may be less than it would be on the owners,and thus,the manager's willingness to take risks is usually undiminished.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following are designed to share with the group or team the net gains from productivity improvements?

Accepted Answer

A)  Gain-sharing 
B)  ESOPs 
C)  Spot bonus awards 
D)  Group sales commissions 
A)  Gain-sharing 
B)  ESOPs 
C)  Spot bonus awards 
D)  Group sales commissions A

Question 4

As organizations seek to determine the effectiveness of pay on performance,the huge pay package most CEO's of large firms received is justified with the performance of their firms.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following theory is concerned with the diverse interests and goals that are held by a corporation's stakeholders and the methods by which the enterprise's reward system is used to align these interests and goals?

Accepted Answer

A)  Social cognition theory 
B)  Behavioral theory 
C)  Classical management theory 
D)  Agency theory 
A)  Social cognition theory 
B)  Behavioral theory 
C)  Classical management theory 
D)  Agency theory

Question 6

When Steve Kerr,noted that "Nobody refuses it,nobody returns it,and people who have more than they could ever use do dreadful things to get more," what was he referring to?

Accepted Answer

A)  Power 
B)  Recognition 
C)  Money 
D)  Control 
A)  Power 
B)  Recognition 
C)  Money 
D)  Control

Question 7

Which of the following approach involves giving an employee an option to take money and then repay it out of the commissions?

Accepted Answer

A)  Impromptu loan 
B)  Current account 
C)  Over-draw account 
D)  Drawing account 
A)  Impromptu loan 
B)  Current account 
C)  Over-draw account 
D)  Drawing account

Question 8

All of the following can be accomplished by the new pay techniques EXCEPT:

Accepted Answer

A)  satisfied employees. 
B)  customer satisfaction. 
C)  new competencies. 
D)  promotions. 
A)  satisfied employees. 
B)  customer satisfaction. 
C)  new competencies. 
D)  promotions.

Question 9

Summarize the potential limitations of the individual incentive pay plans.

Accepted Answer

A general problem inherent in these pay

Question 10

Two of the most popular types of accounts of _____ include the individual retirement accounts (IRAs)and 401(k).

Accepted Answer

A)  life,disability,and health insurance 
B)  pension benefit 
C)  time-off benefit 
D)  life insurance 
A)  life,disability,and health insurance 
B)  pension benefit 
C)  time-off benefit 
D)  life insurance

Question 11

According to the text,which of the following is proving unpopular in education compensations?

Accepted Answer

A)  Merit pay plan 
B)  Group incentive pay plan 
C)  Stock options 
D)  Bonuses 
A)  Merit pay plan 
B)  Group incentive pay plan 
C)  Stock options 
D)  Bonuses

Question 12

The skill pay approach rewards the more abstract knowledge or competencies of employees,such as those related to technology,the international business context,customer service,or social skills.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following typically involves the company taking out a loan to buy a portion of its own stock in the open market?

Accepted Answer

A)  Employee stock ownership plan 
B)  The use of stock options 
C)  Profit sharing group incentive plan 
D)  Current profit sharing 
A)  Employee stock ownership plan 
B)  The use of stock options 
C)  Profit sharing group incentive plan 
D)  Current profit sharing

Question 14

Which of the following focuses on social recognition as an effective contingent reinforcer that supervisors/managers can use as a style in interpersonal relations?

Accepted Answer

A)  Social cognition 
B)  Behavioral performance management 
C)  Classical management 
D)  Efficiency wage theory 
A)  Social cognition 
B)  Behavioral performance management 
C)  Classical management 
D)  Efficiency wage theory

Question 15

Which of the following has been recognized as being central to competitive advantage in the new paradigm shift?

Accepted Answer

A)  Financial capital 
B)  Market value 
C)  Intellectual/human capital 
D)  Technology 
A)  Financial capital 
B)  Market value 
C)  Intellectual/human capital 
D)  Technology

Question 16

Explain gain-sharing plans and the steps involved in putting a gain-sharing plan into effect.

Accepted Answer

Gain-sharing plans are designed to share

Question 17

Money is associated with achievement and recognition,status and respect,and power but not with achievement and recognition.

Accepted Answer

A) True 
 B)False

Question 18

Describe the traditional methods of administrating pay and their major problems.

Accepted Answer

Traditionally,organizations have used tw

Question 19

The Employee Retirement Income Security Act of 1974 is characterized by all of the following EXCEPT:

Accepted Answer

A)  compulsory setting up of a pension fund for its employees. 
B)  guidelines restricting the firm's freedom to take money out of the fund. 
C)  guidelines providing formulas for employee vesting. 
D)  guidelines providing formulas for portability. 
A)  compulsory setting up of a pension fund for its employees. 
B)  guidelines restricting the firm's freedom to take money out of the fund. 
C)  guidelines providing formulas for employee vesting. 
D)  guidelines providing formulas for portability.

Question 20

Most of the management literature dealing with money has focused on money as pay and the ways in which pay affects all of the following EXCEPT:

Accepted Answer

A)  job attitudes. 
B)  work ethics. 
C)  motivation. 
D)  retention. 
A)  job attitudes. 
B)  work ethics. 
C)  motivation. 
D)  retention.

The logic behind gain-sharing plans is that:

When the decision taken by a manager is incorrect,the impact may be less than it would be on the owners,and thus,the manager's willingness to take risks is usually undiminished.

Which of the following are designed to share with the group or team the net gains from productivity improvements?

As organizations seek to determine the effectiveness of pay on performance,the huge pay package most CEO's of large firms received is justified with the performance of their firms.

Which of the following theory is concerned with the diverse interests and goals that are held by a corporation's stakeholders and the methods by which the enterprise's reward system is used to align these interests and goals?

When Steve Kerr,noted that "Nobody refuses it,nobody returns it,and people who have more than they could ever use do dreadful things to get more," what was he referring to?

Which of the following approach involves giving an employee an option to take money and then repay it out of the commissions?

All of the following can be accomplished by the new pay techniques EXCEPT:

Summarize the potential limitations of the individual incentive pay plans.

Two of the most popular types of accounts of _____ include the individual retirement accounts (IRAs)and 401(k).

According to the text,which of the following is proving unpopular in education compensations?

The skill pay approach rewards the more abstract knowledge or competencies of employees,such as those related to technology,the international business context,customer service,or social skills.

Which of the following typically involves the company taking out a loan to buy a portion of its own stock in the open market?

Which of the following focuses on social recognition as an effective contingent reinforcer that supervisors/managers can use as a style in interpersonal relations?

Which of the following has been recognized as being central to competitive advantage in the new paradigm shift?

Explain gain-sharing plans and the steps involved in putting a gain-sharing plan into effect.

Money is associated with achievement and recognition,status and respect,and power but not with achievement and recognition.

Describe the traditional methods of administrating pay and their major problems.

The Employee Retirement Income Security Act of 1974 is characterized by all of the following EXCEPT:

Most of the management literature dealing with money has focused on money as pay and the ways in which pay affects all of the following EXCEPT:

Introduction to Organizational Behavior: an Evidence-Based Approach

Environmental Context: Globalization, diversity, and Ethics

Organizational Context: Design and Culture

Personality,perception,and Employee Attitudes

Motivational Needs,processes,and Applications

Positive Organizational Behavior and Psychological Capital

Communication and Decision Making

Stress and Conflict

Power and Politics

Groups and Teams

Behavioral Performance Management

Effective Leadership Processes

Great Leaders: an Evidenced-Based Approach

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Exam 4: Organizational Context: Reward Systems

The logic behind gain-sharing plans is that:

When the decision taken by a manager is incorrect,the impact may be less than it would be on the owners,and thus,the manager's willingness to take risks is usually undiminished.

Which of the following are designed to share with the group or team the net gains from productivity improvements?

As organizations seek to determine the effectiveness of pay on performance,the huge pay package most CEO's of large firms received is justified with the performance of their firms.

Which of the following theory is concerned with the diverse interests and goals that are held by a corporation's stakeholders and the methods by which the enterprise's reward system is used to align these interests and goals?

When Steve Kerr,noted that "Nobody refuses it,nobody returns it,and people who have more than they could ever use do dreadful things to get more," what was he referring to?

Which of the following approach involves giving an employee an option to take money and then repay it out of the commissions?

All of the following can be accomplished by the new pay techniques EXCEPT:

Summarize the potential limitations of the individual incentive pay plans.

Two of the most popular types of accounts of _____ include the individual retirement accounts (IRAs)and 401(k).

According to the text,which of the following is proving unpopular in education compensations?

The skill pay approach rewards the more abstract knowledge or competencies of employees,such as those related to technology,the international business context,customer service,or social skills.

Which of the following typically involves the company taking out a loan to buy a portion of its own stock in the open market?

Which of the following focuses on social recognition as an effective contingent reinforcer that supervisors/managers can use as a style in interpersonal relations?

Which of the following has been recognized as being central to competitive advantage in the new paradigm shift?

Explain gain-sharing plans and the steps involved in putting a gain-sharing plan into effect.

Money is associated with achievement and recognition,status and respect,and power but not with achievement and recognition.

Describe the traditional methods of administrating pay and their major problems.

The Employee Retirement Income Security Act of 1974 is characterized by all of the following EXCEPT:

Most of the management literature dealing with money has focused on money as pay and the ways in which pay affects all of the following EXCEPT:

Introduction to Organizational Behavior: an Evidence-Based Approach

Environmental Context: Globalization, diversity, and Ethics

Organizational Context: Design and Culture

Personality,perception,and Employee Attitudes

Motivational Needs,processes,and Applications

Positive Organizational Behavior and Psychological Capital

Communication and Decision Making

Stress and Conflict

Power and Politics

Groups and Teams

Behavioral Performance Management

Effective Leadership Processes

Great Leaders: an Evidenced-Based Approach

Filters