Question 1

Briefly describe Vroom's theory and its three components. What implications exist for managers?

Accepted Answer

Vroom states that a person's motivation

Question 2

What type of gainsharing plan uses the formula sales value minus materials and supplies all divided into payroll expenses to determine employee bonuses?

Accepted Answer

A) Improshare 
B) Scanlon 
C) Rucker 
D) Lincoln 
E) all of the above 
A) Improshare 
B) Scanlon 
C) Rucker 
D) Lincoln 
E) all of the above

Question 3

An employee stock ownership plan is an incentive plan that .

Accepted Answer

A) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
B) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
C) focuses on the sharing of benefits between employer and employees 
D) involves the firm distributing total annual profits each year among employees based on their merit rating 
E) provides tax advantages for employees by deferring income taxes, often until the employee retires 
A) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
B) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
C) focuses on the sharing of benefits between employer and employees 
D) involves the firm distributing total annual profits each year among employees based on their merit rating 
E) provides tax advantages for employees by deferring income taxes, often until the employee retires

Question 4

With the form of stock options, the option's exercise price fluctuates with the performance of something like a market index.

Accepted Answer

A) indexed options 
B) nonqualified stock options 
C) key employee programs 
D) discount priced options 
E) premium priced options 
A) indexed options 
B) nonqualified stock options 
C) key employee programs 
D) discount priced options 
E) premium priced options

Question 5

Behavior modification is in principle related to the work of B.F. Skinner's reinforcement theory.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not a type of involvement system commonly used in gainsharing plans?

Accepted Answer

A) steering committees 
B) update meetings 
C) newsletters 
D) coordinators 
E) pep rallies 
A) steering committees 
B) update meetings 
C) newsletters 
D) coordinators 
E) pep rallies

Question 7

Which non-case incentive do employees most prefer?

Accepted Answer

A) electronics 
B) season tickets to an entertainment venue of the employee's choice 
C) a shopping spree at a store of the employee's choice 
D) home improvement items 
E) a trip to a destination of the employee's choice 
A) electronics 
B) season tickets to an entertainment venue of the employee's choice 
C) a shopping spree at a store of the employee's choice 
D) home improvement items 
E) a trip to a destination of the employee's choice

Question 8

What term describes payments companies make in connection with a change in ownership or control of a company?

Accepted Answer

A) pension 
B) consulting fee 
C) retirement bonus 
D) golden parachute 
E) none of the above 
A) pension 
B) consulting fee 
C) retirement bonus 
D) golden parachute 
E) none of the above

Question 9

The Lincoln incentive system is an incentive plan that .

Accepted Answer

A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm distributing total annual profits each year among employees based on their merit rating 
A) uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement 
B) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company 
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees 
D) provides tax advantages for employees by deferring income taxes, often until the employee retires 
E) involves the firm distributing total annual profits each year among employees based on their merit rating

Question 10

Hygiene factors affect a continuum that ranges from .

Accepted Answer

A) satisfaction to no satisfaction 
B) no dissatisfaction to no satisfaction 
C) dissatisfaction to satisfaction 
D) dissatisfaction to no dissatisfaction 
E) none of the above 
A) satisfaction to no satisfaction 
B) no dissatisfaction to no satisfaction 
C) dissatisfaction to satisfaction 
D) dissatisfaction to no dissatisfaction 
E) none of the above

Briefly describe Vroom's theory and its three components. What implications exist for managers?

What type of gainsharing plan uses the formula sales value minus materials and supplies all divided into payroll expenses to determine employee bonuses?

An employee stock ownership plan is an incentive plan that .

With the form of stock options, the option's exercise price fluctuates with the performance of something like a market index.

Behavior modification is in principle related to the work of B.F. Skinner's reinforcement theory.

Which of the following is not a type of involvement system commonly used in gainsharing plans?

Which non-case incentive do employees most prefer?

What term describes payments companies make in connection with a change in ownership or control of a company?

The Lincoln incentive system is an incentive plan that .

Hygiene factors affect a continuum that ranges from .

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

Filters

Exam 12: Pay-For-Performance and Financial Incentives

Briefly describe Vroom's theory and its three components. What implications exist for managers?

What type of gainsharing plan uses the formula sales value minus materials and supplies all divided into payroll expenses to determine employee bonuses?

An employee stock ownership plan is an incentive plan that .

With the form of stock options, the option's exercise price fluctuates with the performance of something like a market index.

Behavior modification is in principle related to the work of B.F. Skinner's reinforcement theory.

Which of the following is not a type of involvement system commonly used in gainsharing plans?

Which non-case incentive do employees most prefer?

What term describes payments companies make in connection with a change in ownership or control of a company?

The Lincoln incentive system is an incentive plan that .

Hygiene factors affect a continuum that ranges from .

Introduction to Human Resource Management

Equal Opportunity and the Law

Strategic Human Resource Management and the Hr Scorecard

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Chaper 7 Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Managing Careers

Establishing Strategic Pay Plans

Benefits and Services

Ethics, Justice, and Fair Treatment in Hr Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

HR Management and Organizational Strategy: Key Concepts and Considerations

Filters