Answer the following statements true (T) or false (F)
1. Pay for performance compensation plans base employee pay on the number of job-relevant skills or academic degrees they earn.
2. Stock options allow certain employees to buy stock at a future date for a discounted price.
3. Research shows that the cubicle is a motivational environment for most employees.
4. Participating on virtual teams necessarily requires individuals to be available for electronic communication 24 hours a day.
1. FALSE
Also known as merit pay, pay for performance bases pay on one's results. Thus, different salaried employees might get different pay raises and other rewards (such as promotions) depending on their overall job performance. Also known as skill-based pay, pay for knowledge ties employee pay to the number of job-relevant skills or academic degrees they earn.
2. TRUE
With stock options, certain employees are given the right to buy stock at a future date for a discounted price. The motivator here is that employees holding stock options will supposedly work hard to make the company's stock rise so that they can obtain it at a cheaper price.
3. FALSE
The cubicle, according to new research, is stifling the creativity and morale of many workers, and the bias of modern-day office designers for open spaces and neutral colors is leading to employee complaints that their workplaces are too noisy or too bland.
4. FALSE
Communication is important, but so is consideration. Team members should know what times are appropriate to call one another (think time zones here) and what days (considering cultural, family, or work schedules) are off-limits. Make sure everyone is reachable during normal business hours, as via phone, e-mail, fax, or chat.
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An advantage of using a predetermined overhead rate is that it improves the timeliness of the information
Indicate whether the statement is true or false
When an item is not in stock, it is called ________. In this case, inbound replenishment processes are triggered.
A. an empty shelf B. a slotting allowance C. disintermediation D. a supply chain disruption E. a stock-out
A typical title page in a brochure omits
A) The product or service name. B) Contact in formation. C) Prices. D) A visual presentation of the topic.
Test marketing occurs when a new product is introduced in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users.
Answer the following statement true (T) or false (F)