MGT 380 (Chapter 12) Physiological
Process Questions and Answers Rated
A.
One survey found that about half of U.S. adults would be willing to take a
10% pay cut if it meant ______.
Correct Answer -working at a job they found meaningful
Which statement about incentive compensation plans is true?
Correct Answer -No one plan will boost the performance of all employees.
To be successful, an incentive compensation plan must be ______.
Correct Answer -measurable
A pay-for-performance plan in which employees are paid according to
their productivity is referred to as ______
Correct Answer -piece rate
When little Josef would throw himself on the floor, screaming and
kicking, his mother ignored him. Consequently, Josef has stopped
throwing tantrums. This is an example of ______.
Correct Answer -extinction
Louisa is a real estate salesperson. When she sells a house, she earns a
sales ______ equal to 6 percent of the sales price of the house.
Correct Answer -commission
,Elaine surpassed her sales goal and earned a small cash award for her
strong performance. This is an example of a ______.
Correct Answer -bonus program
What type of incentive compensation plan involves the distribution of a
portion of the company's profits to employees?
Correct Answer -Profit sharing
With ______, certain employees are given the right to buy stock at a
future date for a discounted price.
Correct Answer -stock options
Merilee is a seamstress in a garment factory, and she is paid $10 for each
skirt she produces. What compensation plan does this describe?
Correct Answer -Piece rate
Sales representatives are paid a percentage of the earnings the company
made from their sales in the form of a ______.
Correct Answer -Sales comission
What type of compensation plan ties employee pay to the number of job-
relevant skills or academic degrees they earn?
Correct Answer -Pay for knowledge
Cash awards given to employees who achieve specific performance
objectives are called ______.
Correct Answer -bonuses
, What are three types of learning opportunities?
Correct Answer -Tuition reimbursement
Studying co-workers
Learning and development
The distribution to employees of a percentage of the company's profits is
known as _____
Correct Answer -profit sharing
Patrick's company allows employees to buy stock at a future date for a
discounted price. This is referred to as a stock ______.
Correct Answer -option
A pay-for-performance plan in which employees are paid according to
their productivity is referred to as _____
Correct Answer -piece rate
According to psychologist Martin Seligman, the combined effect of
positive emotions, engagement, relationships, meaning, and achievement
constitutes ______.
Correct Answer -well being
Tyler works for a large financial services firm. Each time he earns a
professional certification in his field, he is rewarded with an increase in
his salary. Which type of compensation plan does this describe?
Correct Answer -Pay for knowledge
Process Questions and Answers Rated
A.
One survey found that about half of U.S. adults would be willing to take a
10% pay cut if it meant ______.
Correct Answer -working at a job they found meaningful
Which statement about incentive compensation plans is true?
Correct Answer -No one plan will boost the performance of all employees.
To be successful, an incentive compensation plan must be ______.
Correct Answer -measurable
A pay-for-performance plan in which employees are paid according to
their productivity is referred to as ______
Correct Answer -piece rate
When little Josef would throw himself on the floor, screaming and
kicking, his mother ignored him. Consequently, Josef has stopped
throwing tantrums. This is an example of ______.
Correct Answer -extinction
Louisa is a real estate salesperson. When she sells a house, she earns a
sales ______ equal to 6 percent of the sales price of the house.
Correct Answer -commission
,Elaine surpassed her sales goal and earned a small cash award for her
strong performance. This is an example of a ______.
Correct Answer -bonus program
What type of incentive compensation plan involves the distribution of a
portion of the company's profits to employees?
Correct Answer -Profit sharing
With ______, certain employees are given the right to buy stock at a
future date for a discounted price.
Correct Answer -stock options
Merilee is a seamstress in a garment factory, and she is paid $10 for each
skirt she produces. What compensation plan does this describe?
Correct Answer -Piece rate
Sales representatives are paid a percentage of the earnings the company
made from their sales in the form of a ______.
Correct Answer -Sales comission
What type of compensation plan ties employee pay to the number of job-
relevant skills or academic degrees they earn?
Correct Answer -Pay for knowledge
Cash awards given to employees who achieve specific performance
objectives are called ______.
Correct Answer -bonuses
, What are three types of learning opportunities?
Correct Answer -Tuition reimbursement
Studying co-workers
Learning and development
The distribution to employees of a percentage of the company's profits is
known as _____
Correct Answer -profit sharing
Patrick's company allows employees to buy stock at a future date for a
discounted price. This is referred to as a stock ______.
Correct Answer -option
A pay-for-performance plan in which employees are paid according to
their productivity is referred to as _____
Correct Answer -piece rate
According to psychologist Martin Seligman, the combined effect of
positive emotions, engagement, relationships, meaning, and achievement
constitutes ______.
Correct Answer -well being
Tyler works for a large financial services firm. Each time he earns a
professional certification in his field, he is rewarded with an increase in
his salary. Which type of compensation plan does this describe?
Correct Answer -Pay for knowledge
