Question 1

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Accepted Answer

A)   weekly
B)   monthly
C)   quarterly
D)   bi-annually
E)   annually

Question 2

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Accepted Answer

A) True 
 B)False

Question 3

Stock appreciation rights allow the recipient to buy the stock or take any appreciation in the stock price in cash,stock,or a combination of the two.

Accepted Answer

A) True 
 B)False

Question 4

According to Herzberg's Hygiene-Motivator theory,which of the following factors will most likely satisfy employees' higher-level needs?

Accepted Answer

A)   working conditions
B)   base salary
C)   achievement
D)   incentive pay
E)   co-worker relationships

Question 5

Which of the following terms refers to an incentive plan that ties a group's pay to the firm's profitability?

Accepted Answer

A)   piecework
B)   variable pay
C)   pay-for-performance
D)   merit pay
E)   sales commissions

Question 6

Sometimes managers need to reinforce positive behavior but cannot turn to a cash incentive to do so.Identify at least five positive reinforcement rewards that a manager could use on a day-to-day basis to reward employees.What does research suggest about the impact of financial and nonfinancial incentives on employees?

Accepted Answer

There is a long list possible such as to...

Question 7

Which of the following terms refers to changing behavior through rewards or punishments that are contingent on performance?

Accepted Answer

A)   intermittent pay
B)   behavior modification
C)   personal development
D)   instrumentality
E)   internal motivation

Question 8

Which profit-sharing plan provides tax advantages for employees by postponing income taxes,often until the employee retires?

Accepted Answer

A)   cash plan
B)   Lincoln incentive system
C)   Jefferson incentive system
D)   deferred profit-sharing plan
E)   employee stock ownership plan

Question 9

Jack is in the process of implementing a gainsharing plan for his firm.He has already determined that the plan's objectives will be to lower labor costs.What is the next step that Jack needs to take?

Accepted Answer

A)   choose specific performance measures
B)   decide on a funding formula
C)   decide how often to pay bonuses
D)   select the form of payment
E)   develop an involvement system

Question 10

Enterprise incentive management systems enable firms to ________.

Accepted Answer

A)   compare corporate incentive programs
B)   accurately calculate sales commissions
C)   manage performance appraisals for incentive purposes
D)   efficiently administer employee incentive programs
E)   create a matrix of merit awards and incentive options

Exam 12: Pay for Performance and Financial Incentives

Correct Answer
verified
There is a long list possible such as to...
View Answer

Which of the following terms refers to changing behavior through rewards or punishments that are contingent on performance?

Correct Answer
verified

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Correct Answer
verified

Enterprise incentive management systems enable firms to ________.

Correct Answer
verified

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Correct Answer
verified

Which of the following terms refers to an incentive plan that ties a group's pay to the firm's profitability?

Correct Answer
verified

Jack is in the process of implementing a gainsharing plan for his firm.He has already determined that the plan's objectives will be to lower labor costs.What is the next step that Jack needs to take?

Correct Answer
verified

Which profit-sharing plan provides tax advantages for employees by postponing income taxes,often until the employee retires?

Correct Answer
verified

Stock appreciation rights allow the recipient to buy the stock or take any appreciation in the stock price in cash,stock,or a combination of the two.

Correct Answer
verified

According to Herzberg's Hygiene-Motivator theory,which of the following factors will most likely satisfy employees' higher-level needs?

Correct Answer
verified

Exam 12: Pay for Performance and Financial Incentives

Correct AnswerverifiedThere is a long list possible such as to...View AnswerShow Answer

Which of the following terms refers to changing behavior through rewards or punishments that are contingent on performance?

Correct AnswerverifiedShow Answer

Behavior modification is based on the idea that people will repeat behavior for which they are punished.

Correct AnswerverifiedShow Answer

Enterprise incentive management systems enable firms to ________.

Correct AnswerverifiedShow Answer

How often do most firms tend to compute financial performance measures used in gainsharing plans?

Correct AnswerverifiedShow Answer

Which of the following terms refers to an incentive plan that ties a group's pay to the firm's profitability?

Correct AnswerverifiedShow Answer

Jack is in the process of implementing a gainsharing plan for his firm.He has already determined that the plan's objectives will be to lower labor costs.What is the next step that Jack needs to take?

Correct AnswerverifiedShow Answer

Which profit-sharing plan provides tax advantages for employees by postponing income taxes,often until the employee retires?

Correct AnswerverifiedShow Answer

Stock appreciation rights allow the recipient to buy the stock or take any appreciation in the stock price in cash,stock,or a combination of the two.

Correct AnswerverifiedShow Answer

According to Herzberg's Hygiene-Motivator theory,which of the following factors will most likely satisfy employees' higher-level needs?

Correct AnswerverifiedShow Answer

Correct Answer
verified
There is a long list possible such as to...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified