The primary intention of differentials

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Reference no: EM132287635

1. Identify the form of justice (or injustice) depicted in each scenario. Jason feels unfairly treated because his supervisor was unnecessarily rude in their most recent performance appraisal meeting.

a. Informational Justice

b. Interpersonal Justice

c. Distributive Justice

d. Procedural Justice

2. Which of the following is the primary intention of differentials?

a. Motivating people to strive for promotion to a higher-paying level

b. Motivating workers to seek additional training

c. Making workers feel it is fair that the next highest job is paid more than their job

d. Motivating workers by productivity incentives

3. A hierarchical pay structure is MOST likely to encourage employees to:

a. work in teams. control costs.

b. search for other jobs.

c. be committed to the organization objectives.

d. accept a promotion that requires developing new skills.

4. Setting greater pay differentials at the top of the pay structure, to encourage employees to work harder to obtain the high rewards, is based on:

a. equity theory.

b. tournament theory.

c. expectancy theory.

d. reinforcement theory.

e. institutional theory.

5. According to the Entrepreneur Media, the executive summary should include

a. highlights of your financial status, mission, and vision statements.

b. elements that you believe will create problems.

c. a quick look at the organization and the outline of your exit strategy.

d. an analysis of your personal skills.

6. What is the purpose of a business plan? Select one

a. For internal employees to use as a tool when seeking promotions.

b. To serve as a "blueprint" for hiring managers.

c. To support companies in need of funding or financing operations, for expansion and growth.

d. A strategic plan to "test the waters" for investors who are interested in advanced purchases.

e. For new entrepreneurs to develop a structure for their business proposal.

7. Critical to any executive summary is

a. the target market that drives your competition.

b. an outline of your projected alliances in the industry.

c. marketing and sales strategy to outline your plan for channeling your product and services.

d. an implementation plan which outlines the schedule for taking your business from the planning stage to exit strategy and closing your doors.

Reference no: EM132287635

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