QUESTION Which type of incentive can often have a lengthy delay before an employee realizes tangible financial benefits? A) gainsharing B) piece rate pay C) commissions D) stock options E) bonuses ANSWER Answer: D Explanation: D) Stock options give employees the right to buy discounted company stock at a future date. Employees often have […]
QUESTION Jesse is director of the transportation department for a metropolitan area choked by commuter traffic. He is developing a policy that encourages companies to support alternate employee scheduling to decrease rush hour gridlock. Which strategy will be most effective in reducing traffic? A) flextime B) telecommuting C) compressed workweek D) job sharing E) part-time […]
QUESTION After implementing some new initiatives, Jake’s workgroup managed to save the company over $42,000 last quarter. To mark the achievement, every member of the team received a check for $1,800. What is the term for these payments? A) profit sharing B) stock options C) commissions D) bonuses E) gainsharing ANSWER Answer: E Explanation: […]
QUESTION Which of the following is NOT considered a soft skill for the workplace? A) conflict resolution B) programming C) communication D) problem solving E) collaborating ANSWER Answer: B Explanation: B) Computer programming is a specific technical skill necessary to perform a particular job. Soft skills help employees navigate successfully through the work environment […]
QUESTION How has the growth of computer technology affected work hours? A) more telecommuting B) more flextime C) more job sharing D) more compressed workweeks E) more part-time work ANSWER Answer: A Explanation: A) Working at home with telecommunications—such as e-mail and the Internet—is called telecommuting.
QUESTION Leo has decided to offer one of his top salespeople a promotion to regional sales manager, but he has to consider some issues before making the offer. What is Leo LEAST concerned about? A) nepotism B) discrimination C) colleague sentiment D) soft skills E) cronyism ANSWER Answer: D Explanation: D) Managers must review […]
QUESTION Why do businesses provide training and development for their employees? A) to avoid external recruiting B) to comply with the Worker Adjustment & Retraining Notification Act C) to comply with the OSHA regulations D) to increase their performance and productivity E) to prepare them for employment tests ANSWER Answer: D Explanation: D) Training […]
QUESTION Hector and Carmela work for a firm that uses forced ranking performance reviews. They were surprised to receive low rankings and reprimands, when there seemed to be little difference in performance among their work unit. They are considering taking legal action. What law would be appropriate for their case? A) Sarbanes-Oxley Act B) Equal […]
QUESTION Bert manages operations for a large warehouse and is conducting performance appraisals. He has just told a first-year employee that she is too slow navigating the warehouse for multiple order pickups. What is the best counsel that Bert can offer this employee? A) to arrange an internship B) to find a different line of […]
QUESTION Which of the following is NOT considered an incentive under employee compensation structures? A) profit-sharing plans B) bonuses C) stock options D) commissions E) golden parachutes ANSWER Answer: E Explanation: E) Golden parachutes are considered a benefit or nonsalary compensation. These are lucrative severance payments guaranteed to key executives under prior agreement.
