11- An impartial agent is: A. a manager within the firm who supports his/her emp

Question

11- An impartial agent is:

A. a manager within the firm who supports his/her employees above all else

B. someone who acts in their own best interest instead of the owners’ best interest

C. someone who acts on the owners’ (shareholders’) behalf

D. a shareholder in a firm

E. a subsidiary of the firm itself

12- Blake worked 40 hours this week but was paid for 45 hours. Blake is paid under a __________ plan.

A. commission

B. bonus

C. merit pay

D. standard hour

13- Autonomy and direct, measurable individual outcomes are two primary criteria for what type of incentive?

A. Professional incentive

B. Variable incentive

C. Executive incentive

D. Individual incentive

E. Group incentive

14- _____________ can include: providing the ability to choose between work assignments, providing training and learning opportunities, allowing flexible schedules, providing extra paid time off, or recognition at an awards ceremony.

A. Incentives

B. Barriers

C. Challenges

D. Allowances

15- Incentive programs need to be consistent with the ___________________.

A. organizational culture

B. stock market

C. reward structure

D. quarterly report

Explanation / Answer

Ans 11) C is the correct option

An impartial agaent is someone who acts on the owers' (Shareholders') behalf.Because it is the duty of a agent to work with full dedication and honesty for the business that he is an agent for. An agent represents the business, he business represents the shareholders, therefore an agent represents he shareholders of the business and work on their behalf.

Ans 12) B is the correct option.

If Blake worked 40 hours this week and got paid for 45 hours, this means that ho got a bonus for his good work, although all the option mentioned in the quesion are related to some kinf of extra payment but Blake will get Bonus only because, he is a worker or employee and they get Bonus. A commision is given to an agant. A marit pay means some extra pay for good performance, but this is mostly related to the education and govermnet sector only.And the last is the standard hour, where the payment is decided on the performence of the individual in specific number of hours.

Ans 13) D is the correct option.

when it comes to Individual incentive, autonomy and dierct, measurable individual outcome are the two primary criteria. Individual incentive, where a an individual is judged on their individual performace on many standards like quality, customer satisfaction, attention to the task,and many more. And according to the evaulation result, individual gets thier incentives.

Ans 14) A is the correct option.

Incentive can include: Providing the abllity to choose between work assignment, provide training and learning opportunites, allowing flexible schedules, providng extra paid time off, or recognition at n awards ceremony.

Giving these kind of incentives can boost the moral of the employees many folds. all there are the incentive that motivate an employee to self improve their skills.

Ans 15) C is the correct option.

Incentive programs needs to be cosistent with the reward structure. Beceause although there are two type of incentive that a business can provide to its employees, Non monetary incentive where they can proved all the benifits that are mention in quesion number 14 and other is Monetary incentive where the employees are rewarded with bonus and other money forms. A business can not only provide on type of incentive to their employees fora long period of time.

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