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Bus 434 Week 5 Dq 1 (Executive Compensation)

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Submitted By macanma
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This paperwork of BUS 434 Week 4 Quiz consists of:

1. The National Association of Suggestion Systems claims that a dollar spent in rewarding suggestions will return ______ dollars in improved operations to the organization.

Student Answer:

- $1

- $250

- $5

- $15

2. The size of a bonus received by an operating manager will quite often be determined by all but which one of the following criteria?

Student Answer:

- work unit reduction in cost

- performance rating of manager's subordinates

- employee's own performance rating

- area of functional responsibility

3. Which of the following statements is least descriptive of why many suggestion plans have failed?

Student Answer:

- employee apathy

- failure to recognize contributions

- management lacks interest

- union members block suggestions through committee action

4. Which one of the following is not a benefit to the employer when offering an ESOP?

Student Answer:

- maintains a stable work force

- owner can sell stock to a friend

- results in a dilution of value of the stock

- ESOT can borrow money under favorable conditions

5. In contrast to compensation systems in the private sector, those for government employees are less likely to include use of

Student Answer:

- wage surveys

- job descriptions

- job evaluation

- financial incentives

6. Which one of the following statements is not true regarding a defined contribution plan?

Student Answer:

- most pension plans are defined contribution plans

- crucial to a defined contribution plan are investment and management skills

- employers assume the investment risk

- most plans have less than 100 participants

7. Which of the following is not true about a well-designed incentive scheme?

Student An

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