Skip navigation links MGT132. HUMAN RESOURCES MANAGEMENT (MGT132) > TAKE ASSESSMENT: EXAM 4 End navigation links Take Assessment: Exam 4 Assistive Technology Tips [opens in new window] Name Exam 4 Instructions This exam consists of 50 equally weighed questions. Always pick the single best answer. Questions that are skipped or are submitted with multiple answers will be scored as incorrect. Multiple Attempts This Test allows 2 attempts. This is attempt number 1. Force Completion This Test can be saved and resumed later. Show Question Completion Status: Question 1 text Question 12 points Save According to Maslows hierarchy of needs theory, when does a need stop motivating? Question 1 answers when it is satisfied it never stops motivating when one moves higher up the hierarchy all of these none of these Question 2 text Question 22 points Save Rebeccas manager wants to acknowledge her outstanding service record for the past quarter. Her manager decides to give Rebecca a bonus of $1000 as a reward. This is an example of using ________ to reinforce behavior. Question 2 answers intrinsic motivation extrinsic motivation physiological needs extinction recognition Question 3 text Question 32 points Save ________ award shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share. Question 3 answers Nonqualified stock options Stock appreciation rights Performance achievement plans Phantom stock plans Restricted stock plans Question 4 text Question 42 points Save The Hygiene-Motivator theory is also called the ________. Question 4 answers two-factor theory learned needs theory equity theory theory of extrinsic motivation hierarchy of needs Question 5 text Question 52 points Save How often do most firms computer labor productivity measures used in gainsharing plans? Question 5 answers weekly monthly quarterly annually monthly and quarterly Question 6 text Question 62 points Save Gainsharing is an incentive plan that ________. Question 6 answers uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement engages many or all employees in a common effort to achieve a companys productivity objectives with any resulting cost-savings gains shared among employees and the company contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firms stock for employees provides tax advantages for employees by deferring income taxes, often until the employee retires involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals Question 7 text Question 72 points Save The first step in implementing a gainsharing plan is to ________. Question 7 answers choose specific performance measures decide on a funding formula decide how often to pay bonuses establish general plan objectives develop an involvement system Question 8 text Question 82 points Save Vrooms expectancy theory states that a persons motivation to exert some level of effort is a function of all of the following except ________. Question 8 answers the probability that the effort will lead to performance the perceived relationship between performance and obtaining the reward the perceive value of the reward the amount of intrinsic motivation associated with the behavior all of these affect a persons effort Question 9 text Question 92 points Save Motivator factors affect a continuum that ranges from ________. Question 9 answers dissatisfaction to satisfaction no dissatisfaction to no satisfaction dissatisfaction to no dissatisfaction satisfaction to no satisfaction none of these Question 10 text Question 102 points Save All of the following are advantages of team incentives except that ________. Question 10 answers team planning is reinforced workers pay may not be proportional to his or her efforts jealousy is reduced problem solving is encouraged collaboration is encouraged Question 11 text Question 112 points Save The Lincoln incentive system is an incentive plan that ________. Question 11 answers uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement engages many or all employees in a common effort to achieve a companys productivity objectives with any resulting cost-savings gains shared among employees and the company contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firms stock for employees provides tax
advantages for employees by deferring income taxes, often until the employee retires involves the firm distributing total annual profits each year among employees based on their merit rating Question 12 text Question 122 points Save Under ________, executives receive units instead of shares of company stock. Then at some point in the future, they receive value (usually in cash) equal to the appreciation of the units they own. Question 12 answers nonqualified stock options stock appreciation rights performance achievement plans phantom stock plans restricted stock plans Question 13 text Question 132 points Save What type of gainsharing plan uses the formula payroll expenses divided by total sales to determine employee bonuses? Question 13 answers Lincoln Rucker Improshare Scanlon all of these Question 14 text Question 142 points Save According to the Sarbanes-Oxley Act of 2002, if a company must restate financial statements due to material noncompliance with a financial reporting requirement, the act requires that the CEO ________. Question 14 answers repay any bonuses received during the 12 months prior to the issuance of the financial statements in question make a public apology to stock holders resign from the position of CEO open his or her private records for investigation by an independent auditor all of these Question 15 text Question 152 points Save An employee stock ownership plan is an incentive plan that ________. Question 15 answers engages many or all employees in a common effort to achieve a companys productivity objectives with any resulting cost-savings gains shared among employees and the company focuses on the sharing of benefits between employer and employees contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firms stock for employees provides tax advantages for employees by deferring income taxes, often until the employee retires involves the firm distributing total annual profits each year among employees based on their merit rating Question 16 text Question 162 points Save Phantom stock plans refer to stock plans that provide ________. Question 16 answers units instead of shares of company stock. Then at some point in the future, they receive value (usually in cash) equal to the appreciation of the units they own shares without cost to the executive so that the employee can sell the stock but is restricted from do so for a set period of time shares of stock for the achievement of predetermined financial targets such as profit or growth in earnings per share permit the recipient to exercise the stock option or to take any appreciation in the stock price in cash, stock, or some combination of these the option to purchase stock at a stated price, usually the fair market value at the time of the grant Question 17 text Question 172 points Save ________ is any salary increase the firm awards to an individual employee based on his or her individual performance. Question 17 answers Merit pay Variable pay Competency-based pay Job-based pay Piecework Question 18 text Question 182 points Save Which of the following is not one of the compensable factors emphasized in the Equal Pay Act? Question 18 answers skills effort accountability responsibility working conditions Question 19 text Question 192 points Save Which form of equity refers to the perceived fairness of the processes and procedures used to make decisions regarding the allocation of pay? Question 19 answers external internal distributive individual procedural Question 20 text Question 202 points Save According to the Fair Labor Standards Act, if a worker covered by the act works more than 40 hours, he or she will receive overtime pay at a rate of ________ of normal pay for any hours worked over 40 in a workweek. Question 20 answers 50% 100% 125% 150% 200% Question 21 text Question 212 points Save Direct financial payments include all of the following except ________. Question 21 answers wages insurance salaries incentives commissions Question 22 text Question 222 points Save According to the Family and Medical Leave Act, eligible employees can take up to ________ weeks of unpaid, job-protected leave for the birth of a child or for the care of a child, spouse, or parent. Question 22 answers two four six twelve sixteen Question 23 text Question 232 points Save All of the following occupations are exempt from the overtime provisions stated in the Fair Labor Standards Act except ________. Question 23 answers physicians dentists management trainees teachers architects