Landon, an 80-year-old, writes a trust that states that his property is to go to his "great-great-great grandchild" upon his death. ____________________ systems reward employees with a fixed amount of compensation with each unit of work they produce. This illustrates a similar-to-me error. 1) A(n) _____ occurs when a manager allows the assessment of an employee on one dimension to spread to ratings of that employee on other dimensions. This is called a. In a ________________, the job itself is the fundamental unit for designing the rewards system. A) workforce diversity. Geography has a significant impact on how an organization should define its labor market. An economic system A. production-oriented B. sales-oriented C. market-oriented D. value-based This is an example of, A variety of firm resources include interpersonal relations among managers in the firm, its culture, and its reputation with its suppliers and customers. You are responsible for knowing these regulations and setting the example through strict compliance and enforcement. Which of the following is not one of these attributes: For a resource to provide a firm with the potential for a sustainable competitive advantage, it must have the following four attributes. Study with Quizlet and memorize flashcards containing terms like Oftentimes, knowledge goes unshared and unused in organizations because, Hiring someone outside the company to perform tasks that were formerly done internally is known as, Human capital is _____ and _____ be managed the way organizations manage jobs, products, and technologies. Which of the following is an example of a bailment done for the sole benefit of the bailee? Variety b. __________ diversity reflects differences in attitudes or values, especially with regard to group goals or processes. Managers may deflate performance ratings to make themselves look good as managers. Organizations face certain challenges when making the connection between the Internal Job Value Structure and the monetary value created externally in labor markets. 1) _____ are usually set up through a procedure called job evaluation-an attempt to assess the worth of each job relative to other jobs. ______________ differences in pay between pay grades, or extremely high payoff potential for a bonus system, can help create a high degree of motivation. The company hasn't actually made any money from operations yet. C. hinge on how many different strategic groups the industry has. Before introducing these benefits, or even investing too much effort in preparing the packages, TynsCorp should consult with its employees to determine if there is a need for them. Property d. Valuation of related party transactions range , for example, from a minimum to a maximum. intangible assets property, plant, and equipment construction in progress investments. People can privately own every resource, especially every resource of use. c. The self-concept. Multiple choice question. Study with Quizlet and memorize flashcards containing terms like A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling, and managing value-added activities in other countries T/F, The term "emerging markets" refers to all markets other than the developed markets T/F, GDP is the sum of value added by resident firms, Which of the following is NOT a principle of equity theory? The job classification system is a quantitative job evaluation procedure that determines a job's relative value by calculating the total points assigned to it. She is showing. In assessing its primary activities, an airline would examine. Which of the following is an example of an intangible product? There are tangible and intangible benefits to participating in a mentoring partnership. According to the information given, which of the following statements is true? When creating a benchmark, a company should compare themselves to: Similar organizations in the same industry, Find one single number that best represents a whole group of numbers. A) Accruals and deferrals common to business accounting are recorded in proprietary funds. Ben lives in an apartment building next to a children's park. __________ is important because it helps organizations ensure they are complying with Title VII of the Civil Rights Act of 1964. Study with Quizlet and memorize flashcards containing terms like Core competencies of a business are generated by the interaction of ______., A(n) ______ is a unique strength, embedded deep within a firm, that is critical to gaining and sustaining competitive advantage, Which of the following are examples of resources for a firm? d. Client-centered. In order to help this individual, Jen must awaken the individual to the reality of the condition. Job analysis is designing a process to understand how to _______________________. FMLA allows up to ____________ weeks of time off to recuperate from medical conditions or to handle qualified family needs. Which of the following statements describes performance measurement that has a developmental orientation? The effective management of __________ is key to the creation of a competitive advantage as well as business strategy execution. ESAMS Training for Supervisors. All of the following are examples of an interpersonal demand stressor EXCEPT, Psychological consequences of stress include all of the following EXCEPT, All of the following are direct organizational consequences of stress EXCEPT, All of the following are signs of burnout EXCEPT, An individual coping strategy to deal with workplace stress includes. example: design and manufacture of small, reliable, and powerful internal combustion engines. Quizlet As a general rule, base pay strategies rarely lead the market by more than __%. Study with Quizlet and memorize flashcards containing terms like A visual drawing of the reporting relationships within an organization is called a(n):, Rosa was promoted into a management position from her specialist role. Her boss is impressed wit h her dedication and hard work, and assigns her the additional task of serving as a liaison for freelance writers. A total rewards system measures the market conditions set through organizational culture. The wage rate or salary received by the employee depends upon the skills she possesses, Configurations of knowledge, skills, and traits that enable employee performance, The definitions of criteria are all conceptually and empirically connected to employee, unit, and organizational outcomes, An employee's level of skill, competency, or experience can be measured consistently across employees and raters, The criteria for establishing a reward system should be easily understood and the processes for implementing the system should also be well documented and followed. Study with Quizlet and memorize flashcards containing terms like in 2017, the total population of Africa was estimated to be about 1,250,000,000 people., Which of the following is a scaled number?, Consider the data shown in the table. Name one disadvantage to a panel interview? Which clinical orientation is this therapist using? Employees who earn performance-based pay are more, One advantage of peer evaluations is that, peers may furnish more accurate and valid information than supervisors. How often should a job description be updated? Within _______________ value is assumed to derive from the characteristics of the person holding the job, and therefore pay should be driven by the knowledge, skills, experience, or competencies of that individual. An employee's relative worth can be determined by, an effective performance appraisal system. What is the most important factor in maximizing the positive effects of a diverse workforce within an organization? Which of the following is an intangible resource. The company just experienced an incident of workplace violence, when a former employee returned and sabotaged some equipment, shutting down key operations for a limited period of time. e. Semester grades. In this situation, Clarissa and her friends have individual pay equity. When a construction worker decides to work additional hours on a typical workday so that he can have a three-day weekend, he is likely taking advantage of a __________ program. This committee is using a job ranking system to evaluate the jobs. National Education Association CH 4 An organization does not need to investigate if the increases in productivity offset the higher wage rates. Study with Quizlet and memorize flashcards containing terms like core competenies, resources, capabilities and more. Linguistic intelligence would be most important for people in which of the following jobs? The balanced scorecard enables managers to consider their business from all of the following perspectives except. C. The federal law has little control over the exercise of ownership What is the statute of limitations for breach of a sales contract under Article 2 of the UCC. According to value chain analysis, which of the following would be considered part of a firm's infrastructure? The _____ method is used for the selection process in this scenario. All compensable factors are probably not equally valuable to the organization. David is vested in the pension plan at TynsCorp. This scenario illustrates_____. 12 terms. and more. Which of the following does not motivate employees? Maria lives there for a while and then accepts a job in another state, so she gives the property to her sister Jackie as it is permissible. Independent contractors typically set their own hours because: They are on a project basis and have opportunities for profit and loss. d. Ensuring that a piece of medical software is in compliance with HIPAA regulations. A few months later, Vincent finds out that his friend has been using the land as a parking garage for tourists and charging unreasonable rates. BUS 10 FINAL REVIEW PART 1 B. Personality affects which of the following? e. Rewarding the employee according to his or her performance. Study with Quizlet and memorize flashcards containing terms like B, D, A and more. List the 6 ways that training can occur for professional development and what does each actually mean? Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to 365 chapter 12 Incentive systems are more flexible than job-based and individual-based pay systems. ___________ are associated with collecting, storing, and distributing the product or service to buyers. A diagnosis of poor employee performance should focus on the three interactive elements of ability, motivation, and external conditions. Mismanaging diversity is likely to result in all of the following EXCEPT. In a job-based system, pay changes occur when: In a purely job-based system, a highly skilled manager with an MBA who is preparing food in a fast-food restaurant would be paid the same amount as a high school dropout performing the same job. and more. Simon's relatives come to visit him and want him to show them around the town. Exam 1 The Bureau of Labor Statistics projects a dramatic increase in workers between the ages of __________ in the United States during the next decade. The process by which the reward distribution was determined. The process by which the value of each job in an organization is established, An organized listing of the business's jobs that functionally groups and hierarchically arranges the jobs for rewards purposes. Portia would be best served by using the problem-solving format. Study with Quizlet and memorize flashcards containing terms like A visual drawing of the reporting relationships within an organization is called a(n):, Rosa was promoted into a management position from her specialist role. Quizlet Ivana's car was stolen. Product and service markets are where organizations compete to ____________ through the production of products or the provision of services for customers in exchange for money and loyalty. This is an example of a(n): Which of the following exclusively applies to real property? Although some of the information did not appeal to Nelson, he was sure about what to expect from the job and the company. D) the free operation of supply and demand. What is the most important factor in maximizing the positive effects of a diverse workforce within an organization? Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Her boss is impressed wit h her dedication and hard work, and assigns her the additional task of serving as a liaison for freelance writers. The "balanced scorecard" provides top managers with a _____________ view of the business, The "balanced scorecard" developed by Kaplan and Norton helps to integrate. What is NOT an example of an intangible value? and more. Study with Quizlet and memorize flashcards containing terms like Short-term financing not backed by collateral is called: , Simone has worked as an editorial assistant at a magazine publisher for the last six months. He is interested in researching health and safety issues as a career. C) The purchase of a capital asset is recorded as an expenditure in In this case, Kent County has a. As a general rule, base pay strategies rarely lead the market by more than ________. Advertising is a ______activity. The Merit Pay Matrix allows organizations to simultaneously reward past performance but also support its Integrated Reward Structure. Polaroid allows employees the opportunity to try out retirement with a leave program, or gradually reduce their work hours as they approach retirement age. an original requested item is at zero balance but is available as part of a bigger component. Study with Quizlet and memorize flashcards containing terms like According to the Chapter 3 Opening Case, all of the following are core competencies of Subway EXCEPT a. A) Organizational strengths may not lead to competitive advantage B) SWOT's focus on the external environment is too broad and integrative C) SWOT gives a one-shot view of a moving target D) SWOT Individuals who are targeted by bullies sometimes suffer from which of the following? Legal opinion on corporations has evolved significantly throughout history, and Supreme Court cases provide a means to observe this evolution. 181 terms. c. Existence of fixed asset additions. Organizational performance includes all but: Employee perception of the organization has potential to lead to turnover and performance. When recording devices were first invented more than 100 years ago, musicians could suddenly supply their music to large audiences at low cost. Which of the following is NOT part of the performance measurement process? Which way is not a good way to find out employee satisfaction? consolidated omnibus budget reconciliation act. _________________ are one way to establish the price for any good or service. ACCT 5327 Exam 2 Review A company is open for business from 9:00 a.m. to 5:00 p.m., five days a week, and it wants to hire two people to fill one forty-hour-per-week position at the company. Study with Quizlet and memorize flashcards containing terms like Short-term financing not backed by collateral is called: , Simone has worked as an editorial assistant at a magazine publisher for the last six months. The more a rewards system deviates from 'the way we do things around here,' the more likely it is to be: When total rewards is used to change a culture, past norms should still be considered. 1) _____ reflects an organization's investment in attracting, retaining, and motivating an effective workforce. As a result, after he finished school, he started a business to provide low-cost tutoring and scholarship opportunities for low-income families in his community. The assumption of the value of carrying and growing capacity lies at the heart of justifying a ______________________. Offering healthy and nutritious products to consumers. As his company has C. The federal law has little control over the exercise of ownership Study with Quizlet and memorize flashcards containing terms like Organizational behavior can best be described as: a. complex. Which of the following contributes to diversity? When you think about a company's health benefits or retirement plan, you are thinking about employee benefits. C) The purchase of a capital asset is recorded as an expenditure in - the total cost of the a. One of the most common forms of performance-based pay is the: In a Spot Award system, managers are given a cash budget from which they can immediately draw to provide employees with instant recognition of a high performance. The _____________ displays this information., _______ accounting provides Quizlet a. Study with Quizlet and memorize flashcards containing terms like Framework for Property Dsitributions, Overview of Distributions, Basic Tax Law Framework that Applies to Property Distributions and more. Study with Quizlet and memorize flashcards containing terms like Core competencies of a business are generated by the interaction of ______., A(n) ______ is a unique strength, embedded deep within a firm, that is critical to gaining and sustaining competitive advantage, Which of the following are examples of resources for a firm? 1. no 2. yes The control environment The Remind app to remind students of homework assignments. Which of the following would not be part of a traditional job interview? are the strategy elements, intangible assets, and competitive capabilities that most affect industry members' abilities to prosper in the marketplace. Employees are likely to accept a promotion if succeeding rate ranges are larger in size. Which of the following is an example of a direct form of discrimination? Which of the following is used to measure potentially dysfunctional behavior in an organization? e. The Chicago Bulls basketball team is made up of players with a variety of personal values. Studies have shown that employees who earn performance-based pay are more satisfied. Property This employee is now. Employee costs for medical services provided by a health maintenance organization (HMO) vary according to the type of service and how often the employee needs it. Which of the following is a support activity? c. Formal and informal organizational rewards are equally observable to individuals when formulating equity perceptions. 1) At Omega Inc., a fixed amount of money is added to the salaries of employees if their performance exceeds a predetermined level of expectation. Work is done independently by single employees reporting to a single supervisor, Employees can expect to spend the duration of their careers with a single organization.
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