The four ingredients common to MBO programs are goal specificity, participative decision making, an implicit time period, and performance feedback.
Indicate whether the statement is true or false.
Question 2MBO relies on participatively set goals.
Indicate whether the statement is true or false.
Question 3In MBO, goals should be tangible and measurable.
Indicate whether the statement is true or false.
Question 4In MBO, goals are unilaterally set by the boss and assigned to the subordinate.
Indicate whether the statement is true or false.
Question 5Installing an MBO program can make goal-setting theory operational.
Indicate whether the statement is true or false.
Question 6What motivates contingent workers?
A) the different training opportunities making for more marketable skills.
B) opportunity for permanent status.
C) the freedom to come and go without guilt.
D) all of the above.
Question 7The advantage of variable pay programs is that they:
A) avoid the fixed expense of permanent salary increases.
B) are a form of flexible benefits.
C) are easy to administer.
D) decrease total employee compensation.
Question 8Organization-wide programs that distribute compensation based on some established formula designed around the company's profitability are termed:
A) variable pay. B) gain sharing.
C) profit sharing plans. D) ESOPs.
Question 9__________ is an incentive plan where improvements in group productivity determine the total amount of money that is allocated.
A) ESOP B) Scanlon plan C) Gain sharing D) Variable pay
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