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1) _______________ allow an individual employee to buy a certain amount of stock in the company at a specified future point.

A. Employer stock sales plans

B. Stock options plans

C. Employee stock ownership plans

D. Stock purchasing plans

E. Company funded retirement funds

2) Giving praise:

A. requires lots of managerial time and effort

B. is a much better motivator than giving a raise

C. has been proven not to work for getting good results from employees

D. is a cheap way to get out of paying people more

E. doesn’t do very much to encourage repeat performance of effective behaviors

3) An impartial agent is:

A. someone who acts on the owners’ (shareholders’) behalf

B. a manager within the firm who supports his/her employees above all else

C. a subsidiary of the firm itself

D. someone who acts in their own best interest instead of the owners’ best interest

E. a shareholder in a firm

4) When the manufacturing department cut waste by 10 percent, the organization paid each member of the department $500 (a portion of the savings) as a part of the organization’s ________ program.

A. stock option

B. gainsharing

C. employee stock ownership plan

D. profit sharing

5) When a person does something because they like it, it is interesting and personally satisfying, and they want to do it, they are receiving _______________.

A. External rewards

B. Altruistic rewards

C. Extrinsic rewards

D. Intrinsic rewards

E. Autonomous rewards

6) What are profit sharing programs?

A. An individual incentive plan that provides a bonus based on that employee’s profitability

B. An example of giving praise

C. A program that provides a portion of company proceeds over a specific amount of time to the employees of the firm through a bonus payment

D. Incentives typically based on improvements in workplace safety of material savings

E. Pretty much the same as a gain sharing program

7) What is ‘do only what you get paid for syndrome’?

A. Employees do only what gets rewards that they desire and is measured by the company

B. Employees only do what they are specifically told to do by a manager

C. Employees focus on getting side jobs that pay them extra

D. Employees feel entitlement to bonuses for the work that they do

E. Social loafing in a group

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93126257

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