BUS409 Quiz

  • Question 1

3 out of 3 points

John is a design engineer in an auto manufacturer’s 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. To which type of team is John assigned?
Selected Answer: parallel
Correct Answer: parallel
  • Question 2

3 out of 3 points

Which of the following is NOT a financial measure?
Selected Answer: operating efficiency
Correct Answer: operating efficiency
  • Question 3

3 out of 3 points

The XYZ Manufacturing Co. uses a gainsharing plan that gives incentives to employees to finish products rather than to incentivize dollar savings. Therefore, this company measures productivity as the ratio of standard labor hours and actual labor hours. Which kind of gainsharing program does XYZ Manufacturing Co. use?
Selected Answer: Improshare
Correct Answer: Improshare
  • Question 4

3 out of 3 points

In general, which of the following is an incentive plan design consideration?
Selected Answer: the level of risk employees will accept in their overall compensation package
Correct Answer: the level of risk employees will accept in their overall compensation package
  • Question 5

3 out of 3 points

What is the main objective of Scanlon plans?
Selected Answer: to increase employee involvement
Correct Answer: to increase employee involvement
  • Question 6

3 out of 3 points

With which profit-sharing formula does the profit-sharing pool become funded only after profits exceed a predetermined level, but fall below some established maximum level?
Selected Answer: profitability threshold
Correct Answer: profitability threshold
  • Question 7

3 out of 3 points

Which of the following is true about the level of risk involved with incentive pay?
Selected Answer: It depends on the extent to which employees control the attainment of a desired goal.
Correct Answer: It depends on the extent to which employees control the attainment of a desired goal.
  • Question 8

3 out of 3 points

Jamie earned a raise in pay when he finished the training for the Technician 2 position. He will receive another raise when he finishes the training for the Technician 3 position. The company is probably using which type of model?
Selected Answer: stair-step
Correct Answer: stair-step
  • Question 9

3 out of 3 points

Which compensation approach refers to three types of person-focused pay programs?
Selected Answer: competency-based
Correct Answer: competency-based
  • Question 10

3 out of 3 points

Evidence suggests that person-focused pay programs lead to which of the following?
Selected Answer: increased employee commitment
Correct Answer: increased employee commitment
  • Question 11

3 out of 3 points

This term refers to the level of specialization or expertise an employee possesses in a particular job.
Selected Answer: depth of skills
Correct Answer: depth of skills
  • Question 12

3 out of 3 points

Employees would need to learn these types of skills in order to develop self-managed work teams.
Selected Answer: vertical
Correct Answer: vertical
  • Question 13

3 out of 3 points

In the garment factory of the XYZ Co., line workers are trained to work at different manufacturing steps such as grading, cutting, sewing and assembling, pressing, etc. XYZ Co.’s strategy of training is an example of which of the following?
Selected Answer: skill variety
Correct Answer: skill variety
  • Question 14

3 out of 3 points

Which type of pay program applies to an organization-wide context because employees earn base pay rates for the jobs they perform?
Selected Answer: job-based
Correct Answer: job-based
  • Question 15

3 out of 3 points

Manufacturing companies that use assembly lines where one employee’s job depends on the work of at least one other employee can be described as which of the following settings?
Selected Answer: continuous process
Correct Answer: continuous process

 

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