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Exam (elaborations)

MGT 420, Exam 4 questions well answered to pass

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MGT 420, Exam 4 questions well answered to pass

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MGT420
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Uploaded on
May 18, 2025
Number of pages
13
Written in
2024/2025
Type
Exam (elaborations)
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MGT 420, Exam 4 questions well
answered to pass

Employee Value Proposition - correct answer ✔✔the exchange of value between what the
individual and the employer offer in the employment relationship



Integrated Model of Motivation - correct answer ✔✔motivation, performance, satisfaction



Reinforcement - correct answer ✔✔any event that strengthens the behavior it follows



Equity - correct answer ✔✔a condition in which people receive from a relationship in
proportion to what they give to it



Content - correct answer ✔✔satisfied



Expectancy Theory - correct answer ✔✔the theory that people will be motivated to the extent
to which they believe that their efforts will lead to good performance, that good performance
will be rewarded, and that they will be offered attractive rewards



Intrinsic Rewards - correct answer ✔✔valued outcomes received as internal enjoyment of task
performance (personal enjoyment)



Extrinsic Rewards - correct answer ✔✔valued outcomes received from an external source or
person (perks and bonuses)



Pay For Performance - correct answer ✔✔also known as performance-contingent pay; you earn
more when you produce more work and less when you produce less work

, Merit Pay - correct answer ✔✔pay raise based on performance accomplishments



Gain Sharing - correct answer ✔✔allows employees to share in cost savings or productivity
gains realized by their efforts



Profit Sharing - correct answer ✔✔incentive pay in which payments are a percentage of the
organization's profits and do not become part of the employees' base salary



Stock Options - correct answer ✔✔give the right to purchase shares at a fixed price in the future



Employee Stock Ownership Plan (ESOP) - correct answer ✔✔a compensation system that
awards employees shares of company stock in addition to their regular compensation



Skill Based Pay - correct answer ✔✔rewards people for acquiring and developing job-relevant
skills



Two Purposes of Performance Management - correct answer ✔✔Evaluation and Development



Performance Measurement - correct answer ✔✔1)identify clear and measurable performance
goals 2)measure performance 3)provide feedback and coaching 4)use performance appraisal for
human resource management decision



Halo Error - correct answer ✔✔results when one person rates another person on several
different dimensions and gives a similar rating for each dimension



Validity - correct answer ✔✔when a performance measure addresses job-relevant dimensions

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