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Take Assessment: Exam 4
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Name Exam 4
Instructions
This exam consists of 50 equally weighed questions. Always pick the single best answer. Questions that are skipped or are submitted with multiple answers will be scored as incorrect.
Multiple Attempts This Test allows 2 attempts. This is attempt number 1.
Force Completion This Test can be saved and resumed later.
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Question 1 text Question 12 points Save
According to Maslow’s hierarchy of needs theory, when does a need stop motivating?
Question 1 answers
when it is satisfied
it never stops motivating
when one moves higher up the hierarchy
all of these
none of these
Question 2 text Question 22 points Save
Rebecca’s manager wants to acknowledge her outstanding service record for the past quarter. Her manager decides to give Rebecca a bonus of $1000 as a reward. This is an example of using ________ to reinforce behavior.
Question 2 answers
intrinsic motivation
extrinsic motivation
physiological needs
extinction
recognition
Question 3 text Question 32 points Save
________ award shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share.
Question 3 answers
Nonqualified stock options
Stock appreciation rights
Performance achievement plans
Phantom stock plans
Restricted stock plans
Question 4 text Question 42 points Save
The Hygiene-Motivator theory is also called the ________.
Question 4 answers
two-factor theory
learned needs theory
equity theory
theory of extrinsic motivation
hierarchy of needs
Question 5 text Question 52 points Save
How often do most firms computer labor productivity measures used in gainsharing plans?
Question 5 answers
weekly
monthly
quarterly
annually
monthly and quarterly
Question 6 text Question 62 points Save
Gainsharing is an incentive plan that ________.
Question 6 answers
uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement
engages many or all employees in a common effort to achieve a company’s productivity objectives with any resulting cost-savings gains shared among employees and the company
contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm’s stock for employees
provides tax advantages for employees by deferring income taxes, often until the employee retires
involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals
Question 7 text Question 72 points Save
The first step in implementing a gainsharing plan is to ________.
Question 7 answers
choose specific performance measures
decide on a funding formula
decide how often to pay bonuses
establish general plan objectives
develop an involvement system
Question 8 text Question 82 points Save
Vroom’s expectancy theory states that a person’s motivation to exert some level of effort is a function of all of the following except ________.
Question 8 answers
the probability that the effort will lead to performance
the perceived relationship between performance and obtaining the reward
the perceive value of the reward
the amount of intrinsic motivation associated with the behavior
all of these affect a person’s effort
Question 9 text Question 92 points Save
Motivator factors affect a continuum that ranges from ________.
Question 9 answers
dissatisfaction to satisfaction
no dissatisfaction to no satisfaction
dissatisfaction to no dissatisfaction
satisfaction to no satisfaction
none of these
Question 10 text Question 102 points Save
All of the following are advantages of team incentives except that ________.
Question 10 answers
team planning is reinforced
worker’s pay may not be proportional to his or her efforts
jealousy is reduced
problem solving is encouraged
collaboration is encouraged
Question 11 text Question 112 points Save
The Lincoln incentive system is an incentive plan that ________.
Question 11 answers
uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement
engages many or all employees in a common effort to achieve a company’s productivity objectives with any resulting cost-savings gains shared among employees and the company
contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm’s stock for employees
provides tax advantages for employees by deferring income taxes, often until the employee retires
involves the firm distributing total annual profits each year among employees based on their merit rating
Question 12 text Question 122 points Save
Under ________, executives receive units instead of shares of company stock. Then at some point in the future, they receive value (usually in cash) equal to the appreciation of the units they own.
Question 12 answers
nonqualified stock options
stock appreciation rights
performance achievement plans
phantom stock plans
restricted stock plans
Question 13 text Question 132 points Save
What type of gainsharing plan uses the formula payroll expenses divided by total sales to determine employee bonuses?
Question 13 answers
Lincoln
Rucker
Improshare
Scanlon
all of these
Question 14 text Question 142 points Save
According to the Sarbanes-Oxley Act of 2002, if a company must restate financial statements due to material noncompliance with a financial reporting requirement, the act requires that the CEO ________.
Question 14 answers
repay any bonuses received during the 12 months prior to the issuance of the financial statements in question
make a public apology to stock holders
resign from the position of CEO
open his or her private records for investigation by an independent auditor
all of these
Question 15 text Question 152 points Save
An employee stock ownership plan is an incentive plan that ________.
Question 15 answers
engages many or all employees in a common effort to achieve a company’s productivity objectives with any resulting cost-savings gains shared among employees and the company
focuses on the sharing of benefits between employer and employees
contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm’s stock for employees
provides tax advantages for employees by deferring income taxes, often until the employee retires
involves the firm distributing total annual profits each year among employees based on their merit rating