Which of the following best describes profit sharing?
A. incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary
B. a combination of performance measures directed toward the company's profit and used as the basis for awarding incentive pay
C. a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard
D. a group incentive program that measures improvements in productivity and effectiveness and distributes a portion of profit to employees
E. an incentive plan where a percentage of the previous year's profits is provided to the employees as a part of their salary
Answer: A
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A. conscientiousness B. steadiness C. influence D. intelligence E. dominance
MIS can be an important enabler of business success and innovation. Which of the below statements is accurate when referring to MIS?
A. MIS is not a valuable tool that leverages talent. B. MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively. C. MIS represents business success and innovation. D. MIS equals business success and innovation.
In a survey conducted in the United States, China, and Korea, Neuman and his colleagues (2004) asked managers and business students to what extent task and relationship conflict were a roadblock to success. Virtually all ___________ reported that they believed that task-related conflict was a barrier to success.
a. North Koreans b. Managers c. European Americans d. Leaders
Prejudice translates to ______ when action is taken for or more frequently against members of this out-group.
A. interdependence B. discrimination C. biculturalism D. ethnocentrism