Describe three options for group-based incentives.
What will be an ideal response?
Varies but should include three of the following incentives. Group incentives are mostly based on organizational gains of some kind or on gaining an ownership stake in the company. First, there is profit sharing, in which employees share in a company’s increased profits, if there are any. However, in some cases, gainsharing may be better because profit can be easily manipulated. Gainsharing is based on other organizational gains that are more difficult to manipulate, such as revenue changes, lost-time accidents, or lower per-unit labor costs. If the company gains in these areas, it saves money, and some of the savings is shared with employees. There are also several stock-based incentives. Employee stock ownership plans (ESOPs) transfer part of the company’s stock to the employees over time. Other stock incentives are stock options and stock purchasing plans. Stock options allow employees to buy stock at a set point in the future for a set price. Stock purchasing plans typically let employees buy company stock at a discount.
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The information in the body of a press release should be presented ________
A) with embedded HTML B) from general to specific C) without any quotations D) in all uppercase letters E) as a list of bulleted facts
The theory of business social responsibility that holds that the obligation of a business is to earn
a profit while not harming others, or if it does cause harm, to compensate the victims for the harms caused, is: A) The moral minimum theory. B) The maximizing profits theory. C) The stakeholder interest theory. D) The corporate citizenship theory.
When an employee is injured on the job, that employee may: I. File a worker's compensation claim and accept the government-determined value for the injury. II. File a tort claim in state court to recover damages above the worker's compensation amount. III. File a complaint with OSHA to have the employer investigated and charged if violations are present
a. I only b. I and II only c. III only d. I and III only
Suppose an Exxon Corporation bond will pay $4,500 ten years from now. If the going interest rate on safe 10-year bonds is 7.00%, how much is the bond worth today?
A. $1,807.18 B. $2,287.57 C. $2,630.71 D. $1,921.56 E. $2,562.08