MGT 420
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MGT 420 Topic 1 Quiz | Questions and Answers | 2026 Update | 100% correct.
- Exam (elaborations)
- • 6 pages's •
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MGT 420•MGT 420
5. Intrinsic rewards are positively valued work outcomes that are given to an individual or group by some 
other person or source in the work setting. 
Ans: False 
12. Skill based pay rewards employees based on the entire organization’s performance. 
Ans: False 
21. Comparative methods of performance appraisal identify one employee’s standing relative to others. 
Ans: True 
36. The strictness error is the tendency to give relatively high ratings to virtually everyone. 
Ans: False 
49. Change...
- Exam (elaborations)
- • 16 pages's •
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MGT 420•MGT 420
Merit pay | 
- Compensation system that directly ties an individual’s salary or wage increase to 
measures of performance accomplishments during a specific time period. 
- Seeks to create a belief among employees that the way to achieve high pay is to perform 
at high levels. 
- Bonus – extra pay for performance that meets certain benchmarks or is above 
expectations.
- Exam (elaborations)
- • 20 pages's •
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MGT 420•MGT 420