What is a disadvantage of a merit pay system?

A. It does not relate the rewards to economic conditions.
B. Comparative pay is not considered in its evaluation.
C. It cannot be used effectively with performance appraisals.
D. It does not provide rewards for performance in all the dimensions measured in the organization's performance management system.
E. It can quickly become expensive for the company.


Answer: E

Business

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Which of the following is not true regarding the unemployment insurance program?

A. It provides unemployment benefits to qualified workers. B. It adjusts rates paid by employers based on their merit rating. C. It is administered by each state. D. It requires withholding from employee wages. E. It is a joint federal and state program.

Business

Z brand is the market leader in small appliances. Its brand is also the strongest in the category and customers identify with the brand. Because of the strength of its brand, other competitors are finding it difficult to successfully enter the marketplace. Which of the following benefits of brand equity for brand sponsors does this exemplify?

A. perceived bonuses B. generalized warranty C. brand image D. brand awareness E. brand connections

Business

A corporation reports the following year-end balance sheet data. The company's acid-test ratio equals:         Cash$40,000 Current liabilities$75,000 Accounts receivable 55,000 Long-term liabilities 35,000 Inventory 60,000 Common stock 100,000 Equipment 145,000 Retained earnings 90,000 Total assets$300,000 Total liabilities and equity$300,000 

A. 0.58 B. 0.63 C. 1.27 D. 0.37 E. 2.07

Business

When talking from a sitting position, speakers should:

A. lean back in their chairs. B. toy with an object such as a paper clip. C. rest their arms and hands on their laps. D. rest their elbows on the desk in front of them.

Business