ourse Cmpnstn Mgmt
Test Quiz 4
Started 10/24/13 9:19 PM
Submitte 10/24/13 10:25 PM
d
Status Completed
Attempt 90 out of 90 points
Score
Time 1 hour, 6 minutes out of 2 hours.
Elapsed
Instructio This quiz consist of 30 multiple choice questions. The first 15
ns
questions cover the material in Chapter 4. The second 15
questions cover the material in Chapter 5. Be sure you are in the
correct Chapter when you take the quiz.
Question 1
3 out of 3 points
Which of the following is true about the level of risk involved with
incentive pay?
Answer
Selected
Answer:
The level of risk depends on the extent to which
employees control the attainment of a desired goal.
Correct
Answer:
The level of risk depends on the extent to which
employees control the attainment of a desired goal.
Question 2
3 out of 3 points
The general rule of thumb is that short-term company goals last less
than how long?
Answer
Selected
Answer:
5
years
Correct
Answer:
5
years
Question 3
3 out of 3 points
These profit sharing plans award cash to employees on a quarterly or
annual basis as part of their regular compensation.
Answer
Selected
Answer:
current profit sharing
plans
, Correct
Answer:
current profit sharing
plans
Question 4
3 out of 3 points
Which gain sharing plan bases incentives on the ratio between labor
costs and sales value of production (SVOP)?
Answer
Selected
Answer:
Scanlon
Plan
Correct
Answer:
Scanlon
Plan
Question 5
3 out of 3 points
John is a design engineer working at an auto manufacturer research
and development department. In addition to his normal duties, he is
assigned to a team of other engineers developing a highly automated
assembly line for the new model of a passenger car. What type of
team is John assigned to?
Answer
Selected
Answer:
parallel
teams
Correct
Answer:
parallel
teams
Question 6
3 out of 3 points
Which of the following is true concerning incentive pay?
Answer
Selected
Answer:
Awards are granted in one-time
payouts.
Correct
Answer:
Awards are granted in one-time
payouts.
Question 7
3 out of 3 points
Which of the following performance measures corresponds to
individual/ group/ companywide incentive plans respectively?
Answer
Test Quiz 4
Started 10/24/13 9:19 PM
Submitte 10/24/13 10:25 PM
d
Status Completed
Attempt 90 out of 90 points
Score
Time 1 hour, 6 minutes out of 2 hours.
Elapsed
Instructio This quiz consist of 30 multiple choice questions. The first 15
ns
questions cover the material in Chapter 4. The second 15
questions cover the material in Chapter 5. Be sure you are in the
correct Chapter when you take the quiz.
Question 1
3 out of 3 points
Which of the following is true about the level of risk involved with
incentive pay?
Answer
Selected
Answer:
The level of risk depends on the extent to which
employees control the attainment of a desired goal.
Correct
Answer:
The level of risk depends on the extent to which
employees control the attainment of a desired goal.
Question 2
3 out of 3 points
The general rule of thumb is that short-term company goals last less
than how long?
Answer
Selected
Answer:
5
years
Correct
Answer:
5
years
Question 3
3 out of 3 points
These profit sharing plans award cash to employees on a quarterly or
annual basis as part of their regular compensation.
Answer
Selected
Answer:
current profit sharing
plans
, Correct
Answer:
current profit sharing
plans
Question 4
3 out of 3 points
Which gain sharing plan bases incentives on the ratio between labor
costs and sales value of production (SVOP)?
Answer
Selected
Answer:
Scanlon
Plan
Correct
Answer:
Scanlon
Plan
Question 5
3 out of 3 points
John is a design engineer working at an auto manufacturer research
and development department. In addition to his normal duties, he is
assigned to a team of other engineers developing a highly automated
assembly line for the new model of a passenger car. What type of
team is John assigned to?
Answer
Selected
Answer:
parallel
teams
Correct
Answer:
parallel
teams
Question 6
3 out of 3 points
Which of the following is true concerning incentive pay?
Answer
Selected
Answer:
Awards are granted in one-time
payouts.
Correct
Answer:
Awards are granted in one-time
payouts.
Question 7
3 out of 3 points
Which of the following performance measures corresponds to
individual/ group/ companywide incentive plans respectively?
Answer
