Which type of the collective incentives using historical profit as its performance measure?
Quiz Ch 14-15

Quiz
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Special Education
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University
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Hard
Harisnu Kurniawan
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Goal-sharing
Profit-sharing
Team incentives
Gainsharing
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What type of firms is profit-sharing applicable to?
profit-making organizations
public sector organizations
non-profit enitities
social community
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
why do the majority of countries in the world start choosing to use deferred payment plans?
the amount of dollar bonuses given is less
can be directly distributed to employees in a timely manner in a period
every company over the world use it nowadays
to minimize its tax
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
say AFirm.co having a $1m benchamrk payroll cost. If the sales value in subsequent period is $20m and company maintain its cost for their raw material set as $10m. how much their payroll costs is (given benchmark ratio of labor costs is 40%)?
$1m
$3m
$4m
$10m
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
There are 3 main options of bonus distribution in gainsharing plans, which are?
equal dollar amount to each unit, equal percentage to each member, unequally based on contribution
equal dollar amount to each member, equal percentage of each base pay, unequally based on contribution
equal dollar based on base pay, equal percentage to each unit, unequally based on performance
equal dollar amount to each member, equal percentage to each unit, equal percentage based on contribution
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which is one of the 8 considerations before designing gainsharing plans?
cooperative behaviour
management involvement
employee attitude
union attitude
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What's the difference between gainsharing and goal sharing?
gainsharing can be targeted to particular division or department while goalsharing are organization-wide.
gainsharing does not include employee participation while in goal sharing employee participation is featured
gainsharing is based on historical benchmark while goalsharing is future oriented
the bonus pool on gainsharing is not self funded while goalsharing is self funded
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