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MGT103 Final Exam | 321 Questions and Essays with 100% verified Answers
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MGT103 Final Exam | 321 Questions and Essays with 100% verified Answers
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MGT103 Final Exam | 321 Questionsand Essays with 100% verified
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At Omega Inc., a fixed amount of money is added to the salaries of employees if their
performance exceeds a predetermined level of expectation. A smaller portion of the amount is
added if the employees' performances just meet the expected level. Omega is most likely to be
motivating their employees with
a. incentives.
b. intangible benefits.
c. rankings.
d. progressions.
e. appraisals. - ✔ ✔ a
Sarah was considering job offers from two different firms. Both jobs are appealing to her, and
the salaries meet her needs. However, VuVision offered more vacation days and free gym
memberships, while OptiClear had a tuition reimbursement program. Sara was examining the
_____ that these companies offer to help her make her decision.
a. benefits
b. intangible benefits
c. incentives
d. wages
e. progressions - ✔ ✔ a
Gamma Inc. has a reputation for paying higher than the prevailing wages in its industry. They do
this in order to attract and keep the best talent. Gamma Inc. is a(n)
a. wage leader.
b. benefit bonanza.
c. wage evaluator.
d. incentive leader.
,e. benefit provider. - ✔ ✔ a
The _____ is a management policy decision about whether a firm wants to pay above, at, or
below the going rate for labor in the industry or the geographic area.
a. wage-level decision
b. benefit-level decision
c. wage-structure decision
d. individual wage decision
e. individual benefit decision - ✔ ✔ a
An attempt to assess the worth of each job relative to other jobs is known as
a. job analysis.
b. job evaluation.
c. the wage-level decision.
d. performance appraisal.
e. benefit determination - ✔ ✔ b
When human resource managers determine how much each worker in a particular wage
grade will be paid, they are making a(n) _____ decision.
a. wage-level
b. wage-structure
c. individual wage
d. benefit-level
e. overall-benefit - ✔ ✔ c
_____ are usually set up through a procedure called job evaluation—an attempt to assess the
worth of each job relative to other jobs.
,a. Wage-level policies
b. Wage structures
c. Individual wage policies
d. Wage level decisions
e. Individual-benefit structures - ✔ ✔ b
A policy at Synergy Corp. states that the middle managers get a pay that is three times the
pay of supervisors and the top managers get a pay that is six times the pay of first-line
managers. The policy is regarding the _____ of Synergy.
a. wage-benefit decision
b. wage-level decision
c. individual-wage structure
d. benefit structure
e. wage structure - ✔ ✔ e
A cafeteria benefits plan
a. allows employees to choose from a set of optional benefits.
b. provides performance-linked incentives to employees.
c. reimburses employees for their food and transportation expenses.
d. pays extra wages to employees for work they do during their lunch hour.
e. allows employees to take a certain number of unpaid leaves. - ✔ ✔ a
In the business world, the term _____ is generally used to refer to demographic differences
among people— differences in gender, age, ethnicity, and so forth.
a. homogeneity
b. synergy
c. diversity
d. divestiture
, e. entropy - ✔ ✔ c
The Behaviorally Anchored Rating Scale (BARS) is
a. a method used for the validation of a selection device.
b. an objective method of performance appraisal.
c. a judgmental method of performance appraisal.
d. a job training technique.
e. a job analysis technique. - ✔ ✔ c
Letitia is a salesperson. She routinely sells at a lower volume than her colleagues. However, she
offers excellent customer service after the sale, and customers routinely give positive feedback
when asked to fill out survey. Her supervisor routinely ranks her as either above average or
superior on all items on her performance appraisal, including output. This is an example of
_____ error influencing an appraisal.
a. recency
b. average
c. validation
d. source monitoring
e. halo - ✔ ✔ e
A _____ error occurs when the supervisor bases judgments on employee performance that is
fresh in his or her mind.
a. recency
b. halo
c. source monitoring
d. severity
e. average - ✔ ✔ a
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