CHAPTER 1 SMARTBOOK QUESTIONS WITH
VERIFIED ANSWERS.
Which of the following caused companies like Chrysler and General Motors to go through bankruptcy?
ANSWER :- Paying employees more than their competitors without corresponding advantages in
productivity and quality
Identify an aspect of compensation that may be viewed as a measure of justice in society.
Multiple choice question. ANSWER :- Earning differentials between men and women
Stockholders are particularly interested in the compensation rates for:
Multiple choice question.
managers.
corporate directors.
executives.
contingent workers. ANSWER :- executives.
Identify the ways in which compensation affects the success of managers.
Multiple select question.
It is a major expense that must be managed.
It is an important focus of labor unions' efforts to serve their members' interests.
It is an important obstacle to increasing flexibility in internal structures.
It is a major factor determining employee attitudes and behaviors and thus, organization performance.
ANSWER :- - It is a major expense that must be managed.
- It is a major factor determining employee attitudes and behaviors and thus, organization performance
How do employees tend to view compensation?
Multiple select question.
As a reward for having done well in a job
As an entitlement for being the company's employee
,As an incentive to take or stay in a job and to try to perform well in that job
As a major expense that must be managed
As a return in an exchange between themselves and their employer
As a major determinant of worker attitudes and behaviors ANSWER :- - As a reward for having done
well in a job
- As an incentive to take or stay in a job and to try to perform well in that job
- As a return in an exchange between themselves and their employer
Why has Nucor Steel done well despite paying its workers higher than companies inside and outside of
the steel industry?
Multiple choice question.
It has much higher productivity than is usually seen in the steel industry.
It has a highly centralized management philosophy.
It has traditionally provided special programs, such as the employee stock purchase plan, only to
executives.
It has strictly stayed away from performance based compensation. ANSWER :- It has much higher
productivity than is usually seen in the steel industry.
Which of the following statements about compensation may be seen as a reflection of equity or justice
in society?
Multiple choice question.
Higher pay levels help organizations attract more high-quality applicants.
U.S. companies exhibit strong links between executive pay and company performance.
Stockholders believe that using stock to pay employees creates a sense of ownership that improves
performance. ANSWER :- Businesses and individuals in the United States spend about 17 percent of
U.S. economic output on health care.
Identify the ways in which pay can influence employee motivation and behavior.
Multiple select question.
Via an incentive effect
Via a spillover effect
, Via a turnover effect
Via a sorting effect ANSWER :- - Via an incentive effect
- Via a sorting effect
Why do some stockholders support the use of stock to pay employees?
Multiple choice question.
They believe that it encourages employees to take risks.
They believe that it stabilizes a company's overall equity structure.
They feel that it reflects the justice and equity prevalent in society.
They feel that it creates a sense of ownership among employees that will improve performance.
ANSWER :- They feel that it creates a sense of ownership among employees that will improve
performance.
The many allowances that make up Japan's compensation systems translate as teate, which is regarded
as:
Multiple choice question.
compensation that fulfills employees' financial needs.
compensation that is given by one's superiors.
compensation that serves as motivation to perform well in a job.
compensation that employees are entitled to. ANSWER :- compensation that fulfills employees'
financial needs.
correct
Managers can use pay to influence employee behaviors and to better an organization's performance.
True false question.TrueFalse ANSWER :- TRUE, because Managers can use pay to influence employee
behaviors and to improve an organization's performance. As long as high pay can be shown to be
responsible for high returns through its influences on employees, it can be a successful strategy.
Match the different forms of pay received by employees with their examples.
Instructions
Drag and drop application.
VERIFIED ANSWERS.
Which of the following caused companies like Chrysler and General Motors to go through bankruptcy?
ANSWER :- Paying employees more than their competitors without corresponding advantages in
productivity and quality
Identify an aspect of compensation that may be viewed as a measure of justice in society.
Multiple choice question. ANSWER :- Earning differentials between men and women
Stockholders are particularly interested in the compensation rates for:
Multiple choice question.
managers.
corporate directors.
executives.
contingent workers. ANSWER :- executives.
Identify the ways in which compensation affects the success of managers.
Multiple select question.
It is a major expense that must be managed.
It is an important focus of labor unions' efforts to serve their members' interests.
It is an important obstacle to increasing flexibility in internal structures.
It is a major factor determining employee attitudes and behaviors and thus, organization performance.
ANSWER :- - It is a major expense that must be managed.
- It is a major factor determining employee attitudes and behaviors and thus, organization performance
How do employees tend to view compensation?
Multiple select question.
As a reward for having done well in a job
As an entitlement for being the company's employee
,As an incentive to take or stay in a job and to try to perform well in that job
As a major expense that must be managed
As a return in an exchange between themselves and their employer
As a major determinant of worker attitudes and behaviors ANSWER :- - As a reward for having done
well in a job
- As an incentive to take or stay in a job and to try to perform well in that job
- As a return in an exchange between themselves and their employer
Why has Nucor Steel done well despite paying its workers higher than companies inside and outside of
the steel industry?
Multiple choice question.
It has much higher productivity than is usually seen in the steel industry.
It has a highly centralized management philosophy.
It has traditionally provided special programs, such as the employee stock purchase plan, only to
executives.
It has strictly stayed away from performance based compensation. ANSWER :- It has much higher
productivity than is usually seen in the steel industry.
Which of the following statements about compensation may be seen as a reflection of equity or justice
in society?
Multiple choice question.
Higher pay levels help organizations attract more high-quality applicants.
U.S. companies exhibit strong links between executive pay and company performance.
Stockholders believe that using stock to pay employees creates a sense of ownership that improves
performance. ANSWER :- Businesses and individuals in the United States spend about 17 percent of
U.S. economic output on health care.
Identify the ways in which pay can influence employee motivation and behavior.
Multiple select question.
Via an incentive effect
Via a spillover effect
, Via a turnover effect
Via a sorting effect ANSWER :- - Via an incentive effect
- Via a sorting effect
Why do some stockholders support the use of stock to pay employees?
Multiple choice question.
They believe that it encourages employees to take risks.
They believe that it stabilizes a company's overall equity structure.
They feel that it reflects the justice and equity prevalent in society.
They feel that it creates a sense of ownership among employees that will improve performance.
ANSWER :- They feel that it creates a sense of ownership among employees that will improve
performance.
The many allowances that make up Japan's compensation systems translate as teate, which is regarded
as:
Multiple choice question.
compensation that fulfills employees' financial needs.
compensation that is given by one's superiors.
compensation that serves as motivation to perform well in a job.
compensation that employees are entitled to. ANSWER :- compensation that fulfills employees'
financial needs.
correct
Managers can use pay to influence employee behaviors and to better an organization's performance.
True false question.TrueFalse ANSWER :- TRUE, because Managers can use pay to influence employee
behaviors and to improve an organization's performance. As long as high pay can be shown to be
responsible for high returns through its influences on employees, it can be a successful strategy.
Match the different forms of pay received by employees with their examples.
Instructions
Drag and drop application.
