MHR523 MC Q&A for ch12.pdf

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17 Apr 2012
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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers
the question.
1) Popularized by Frederick Taylor in the late 1800s, financial rewards
paid to workers whose production exceeds some predetermined
standard came into use. These financial rewards are commonly referred
to as:
1) _______
A) financial incentives.
B) piecework plans.
C) perquisites.
D) Taylor bonuses.
E) group incentive plans.
2) Today, any plan that ties pay to productivity or profitability is called: 2) _______
A)
profitsharing.
B)
jobbased pay.
C)
payforperformance.
D) variable pay.
E)
competencybased pay.
3) Aziz is the human resources professional at a consulting engineering
company. He has been asked by the executive team to suggest
incentives that would most likely motivate the junior engineers who
have recently graduated from university and are generally in their mid
to late 20's. Which of the following should Aziz suggest?
3) _______
A)
highend fitness equipment
B) paid time off to volunteer for charitable organizations
C) a luxury cruise
D)
onsite elder care
E)
onsite day care
4) Aziz is the human resources professional at a consulting engineering
company. He has been asked by the executive team to suggest
incentives that would most likely motivate the senior engineers who
have worked in their professional capacity for at least 20 years and are
generally in their early 50's. Which of the following should Aziz
suggest?
4) _______
A) adventure travel
B)
onsite day care
C) a recognition program and adventure travel
D) paid time off to volunteer for charitable organizations
E) a luxury cruise
5) A term plan that refers to any plan that ties pay to productivity or to
some other measure of the firm's profitability is called:
5) _______
A) a fringe benefit.
B)
a profitsharing plan.
C) a quality circle.
D) variable pay.
E) a supplemental pay benefit.
6) Accurate ________ are a precondition for effective variable pay plans. 6) _______
A) job evaluation
B) job specifications
C) performance appraisals
D) job descriptions
E) salary curves
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7) The following are types of incentive plans EXCEPT: 7) _______
A) spot bonuses.
B) individual incentive programs.
C)
profitsharing plans.
D) group incentive programs.
E) straight salary and commission.
8) A type of incentive plan that gives income over and above base salary to
individual employees who meet a specific individual performance
standard is a(n):
8) _______
A) straight commission.
B)
profitsharing plan.
C) cash bonus system.
D) spot bonuses.
E) individual incentive program.
9) Amy received $2000 from her employer last week in order to recognize
the extra hours. beyond normal work hours, that she had worked in the
past month. Which of the following did Amy receive?
9) _______
A) spot bonus
B) retirement income plan
C) variable pay plan
D) individual incentive program
E)
profitsharing plan
10) Amy is part of a team of 4 software developers. Upon completion of a
major client project she and each of her team members received a set
amount in addition to their base salary. All received the same additional
amount. Amy received this payment as part of a:
10) ______
A) spot bonus plan.
B) group incentive program.
C)
gainsharing program.
D) individual incentive plan.
E)
profitsharing plan.
11)
A type of incentive plan that generally is organizationwide and that
provides employees with a share of the organization's profits in a
specified period is a(n):
11) ______
A) gainsharing plan.
B)
semivariable incentive plan.
C)
profitsharing plan.
D) individual incentive plan.
E) group incentive plan.
12)
A type of incentive plan that is an organizationwide pay plan designed
to reward employees for improvements in organizational productivity
is:
12) ______
A) a spot bonus.
B) a group incentive program.
C)
a profitsharing plan.
D)
a gainsharing program.
E) variable pay.
13) The most commonly used and oldest type of incentive plan is this
system of pay based on the number of items processed by each
individual worker in a unit of time. It is known as a(n):
13) ______
A) item plan.
B) process plan.
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C) gainsharing plan.
D) standard hour plan.
E) piecework plan.
14) Under this pay system, each worker receives a set payment for each
piece produced or processed in a factory or shop. It is known as a:
14) ______
A) guaranteed piecework plan.
B) straight piecework plan.
C) gainsharing plan.
D) process plan.
E) piecework plan.
15) Under this pay system, each worker receives the minimum hourly wage
plus an incentive for each piece produced above a set number of pieces
per hour. It is known as a:
15) ______
A) piecework plan.
B) guaranteed piecework plan.
C) gainsharing plan.
D) minimum hourly wage plan.
E) straight piecework plan.
16) Ira, the manager of a woodworking business, is considering
implementing a piecework incentive plan for the word workers
reporting to him. You are an HR consultant he has asked for advice as
to the benefits of implementing such a plan. You advise him of all of the
following EXCEPT:
16) ______
A)
piecerate plans appear equitable in principle.
B)
since the piece rate is quoted on a perpiece basis, in workers'
minds, production standards become tied inseparably to the
amount of money earned.
C) they are easily understood by employees.
D)
the incentive value of piecerate plans can be powerful since
rewards are directly tied to performance.
E) piecework plans are simple and easily understood.
17) The following are disadvantages of a piecework incentive plan EXCEPT: 17) ______
A) employers arbitrarily increase the standard because of workers
earning "excessive" wages.
B) workers resist attempts to raise production standards.
C) new job evaluation produces a new wage rate; thus piece rates
need to be revised.
D) in workers' minds production standards become tied inseparably
to the amount of money earned.
E)
piecerate plans appear equitable in principle.
18) When a worker is rewarded by a percent premium that equals the
percent by which his/her performance is above standard, this is known
as:
18) ______
A) the percent incentive plan.
B) gainsharing.
C) the bonus hour plan.
D) the premium plan.
E) the standard hour plan.
19) The piecework plan is expressed in monetary terms whereas the
standard hour plan is expressed in:
19) ______
A) cents per unit of output.
B) cents per hour.
C) a premium that equals the percent by which his or her
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