BUSMHR 3100 EXAM #3 / FINAL
QUESTIONS AND ANSWERS
Protégé - Correct Answers -less experienced employee
Coach - Correct Answers -peer or manager who works with an employee to motivate
the employee, help him or her develop skills, and provide reinforcement and feedback.
Profit sharing - Correct Answers -incentive pay in which payments are a percentage of
the organizations profits and do not become part of the employees base salary.
merit rate - Correct Answers -system of linking pay increases to ratings on performance
appraisals.
Gainsharing - Correct Answers -group incentive program that measures improvements
in productivity and effectiveness and distributes a portion of each gain to employees.
Protean career - Correct Answers -a career that frequently changes based on changes
in the persons interests, abilities, and values and in the work environment.
Performance management process - Correct Answers -the process through which
managers ensure that employees activities and outputs contribute to the organizations
goals.
o Step 1-define performance outcomes for company division and department
o Step 2-develop employee goals, behavior, and actions to achieve outcomes
o Step 3- provide support and ongoing performance discussions
o Step 4- evaluate performance
o Step 5-identify improvements needed
o Step 6-provide consequences for performance results.
Assessment center - Correct Answers -a wide variety of specific selection programs that
use multiple selection methods to rate applicants or job incumbents on their
management potential.
Balanced scorecard - Correct Answers -combination of performance measures directed
toward the company's long and short term goals and used as the basis for awarding
incentive pay
, Scanlon plan - Correct Answers -a gainsharing program in which employees receive a
bonus if the ratio of labor costs to the sales value of production is below a set standard.
merit pay - Correct Answers -system of linking pay increases to ratings on performance
appraisals.
Lateral move - Correct Answers -same pay, new position
downward/upward move - Correct Answers -different pay, rank, and position
promotion - Correct Answers -assignment of an employee to a position with greater
challenges, more responsibility, and more authority than in previous job, usually
accompanied by a pay increase.
Externship - Correct Answers -employee development through a full time temporary
position at another organization.
Family and medical leave act (FMLA) of 1993 - Correct Answers -federal law requiring
org. with 50 or more employees to provide up to 12 weeks of unpaid leave after
childbirth or adoption; to care for a seriously ill family member or for an employee's own
serious illness; or to take care of urgent needs that arise when a spouse, child, or
parent in the National Guard or Reserve is called to active duty.
LMS/Learning management system - Correct Answers -a computer application that
automates the administration, development, and delivery of training programs.
Instructional design process - Correct Answers -process of systematically developing
training to meet specific needs.
ERISA Employee Retirement Income Security Act - Correct Answers -federal law that
increased the responsibility of pension plan trustees to protect retirees, established
certain rights related to vesting and portability, and created the pension benefit
guarantee corporation.
what is an advantage of group incentives? - Correct Answers -They result in groups
trying to outdo one another ..............
using stock options as incentive pay - Correct Answers -Stock options are rewarding for
employees who exercise their option when the company's stock value has risen.
Executives can use the advantage of knowing the company's inside information to buy
or sell stock and create huge personal gains. - Correct Answers -how does linking
executive pay to stock performance lead to unethical behavior?
QUESTIONS AND ANSWERS
Protégé - Correct Answers -less experienced employee
Coach - Correct Answers -peer or manager who works with an employee to motivate
the employee, help him or her develop skills, and provide reinforcement and feedback.
Profit sharing - Correct Answers -incentive pay in which payments are a percentage of
the organizations profits and do not become part of the employees base salary.
merit rate - Correct Answers -system of linking pay increases to ratings on performance
appraisals.
Gainsharing - Correct Answers -group incentive program that measures improvements
in productivity and effectiveness and distributes a portion of each gain to employees.
Protean career - Correct Answers -a career that frequently changes based on changes
in the persons interests, abilities, and values and in the work environment.
Performance management process - Correct Answers -the process through which
managers ensure that employees activities and outputs contribute to the organizations
goals.
o Step 1-define performance outcomes for company division and department
o Step 2-develop employee goals, behavior, and actions to achieve outcomes
o Step 3- provide support and ongoing performance discussions
o Step 4- evaluate performance
o Step 5-identify improvements needed
o Step 6-provide consequences for performance results.
Assessment center - Correct Answers -a wide variety of specific selection programs that
use multiple selection methods to rate applicants or job incumbents on their
management potential.
Balanced scorecard - Correct Answers -combination of performance measures directed
toward the company's long and short term goals and used as the basis for awarding
incentive pay
, Scanlon plan - Correct Answers -a gainsharing program in which employees receive a
bonus if the ratio of labor costs to the sales value of production is below a set standard.
merit pay - Correct Answers -system of linking pay increases to ratings on performance
appraisals.
Lateral move - Correct Answers -same pay, new position
downward/upward move - Correct Answers -different pay, rank, and position
promotion - Correct Answers -assignment of an employee to a position with greater
challenges, more responsibility, and more authority than in previous job, usually
accompanied by a pay increase.
Externship - Correct Answers -employee development through a full time temporary
position at another organization.
Family and medical leave act (FMLA) of 1993 - Correct Answers -federal law requiring
org. with 50 or more employees to provide up to 12 weeks of unpaid leave after
childbirth or adoption; to care for a seriously ill family member or for an employee's own
serious illness; or to take care of urgent needs that arise when a spouse, child, or
parent in the National Guard or Reserve is called to active duty.
LMS/Learning management system - Correct Answers -a computer application that
automates the administration, development, and delivery of training programs.
Instructional design process - Correct Answers -process of systematically developing
training to meet specific needs.
ERISA Employee Retirement Income Security Act - Correct Answers -federal law that
increased the responsibility of pension plan trustees to protect retirees, established
certain rights related to vesting and portability, and created the pension benefit
guarantee corporation.
what is an advantage of group incentives? - Correct Answers -They result in groups
trying to outdo one another ..............
using stock options as incentive pay - Correct Answers -Stock options are rewarding for
employees who exercise their option when the company's stock value has risen.
Executives can use the advantage of knowing the company's inside information to buy
or sell stock and create huge personal gains. - Correct Answers -how does linking
executive pay to stock performance lead to unethical behavior?
