Question : 81.Gainsharing plans differ from profit-sharing plans in that: A.gainsharing plans use : 1243104

 

 

81.Gainsharing plans differ from profit-sharing plans in that:   

A.gainsharing plans use organization-wide performance parameters.

 

B.gainsharing plans distribute payouts more frequently.

 

C.gainsharing plans make lump sum payments.

 

D.gainsharing plans can be attached to all types of jobs in the organization.

 

E.gainsharing plans discourage pursuit of broader goals of the group.

 

 

82.The Scanlon plan is an example of a(n) _____ plan.   

A.profit sharing

 

B.skill-based

 

C.merit pay

 

D.individual incentive

 

E.gainsharing

 

 

83.Gainsharing can motivate employees as much as individual plans do because:   

A.it allows more control over the performance measure and the frequency of payouts.

 

B.it uses organization-level performance measures.

 

C.it involves payouts that are deferred.

 

D.it encourages individual-oriented plans than broader goals.

 

E.it focuses more on the monetary component than on employee skills.

 

 

84.Group incentives tend to measure performance in terms of _____.   

A.employee retention

 

B.individual motivation

 

C.organizational environment

 

D.physical output

 

E.organizational profitability

 

 

85.Which of the following is a tool that allows companies to track financial results while simultaneously monitoring progress in building the capabilities and acquiring the intangible assets they would need for future growth?   

A.HR scorecard

 

B.External employee grid

 

C.Balanced scorecard

 

D.ESOP plan

 

E.Merit increase grid

 

 

86.The _____ requires companies to report compensation levels for the five highest paid executives and the company’s performance relative to that of competitors over a five-year period.   

A.Bureau of Economic Analysis

 

B.Federal Bureau of Investigation

 

C.Federal Trade Commission

 

D.Securities and Exchange Commission

 

E.Bureau of Industry and Security

 

 

87.Which of the following is true of how the agency theory views monitoring?   

A.Monitoring is more expensive when done by employees.

 

B.Employees’ knowledge of the workplace is not reliable.

 

C.Monitoring is less effective when performed by employees.

 

D.Employees understand fellow employees better than managers do.

 

E.Compensation system does not influence peer monitoring.

 

 

88.When an organization is using growth strategy, it will _____.   

A.have pay levels that are below market levels in the short run

 

B.have a time orientation that is short term

 

C.make centralized pay decisions

 

D.not share risks with employees

 

E.have benefit levels that are above market levels

 

 

89.When an organization is using concentration strategy, it will _____.   

A.have short-run pay levels below the market

 

B.have a long-term orientation

 

C.make centralized pay decisions

 

D.maintain high variable pay levels

 

E.have benefit levels below the market

 

 

90.Which of the following pay strategy dimensions best fits with a business strategy of concentration?   

A.Long-term time orientation

 

B.Below-market short-run pay level

 

C.High levels of variable pay

 

D.Above-market benefits levels

 

E.Decentralization of pay decisions