67. According to the Change Competency: Nucor’s
Profit-Sharing Program, bonuses
are paid based on:
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a.
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time spent working
|
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b.
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tons of steel produced by a team
|
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c.
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the quality and tons of steel produced
and shipped by a team
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|
d.
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seniority
|
ANS: C
68. According
to the Change Competency: Nucor’s Profit-Sharing Program, when the electrical
grid that feeds its Hickman, Arkansas, plant failed, it could have shut down
that plant for one week. What allowed the plant to open after just 3 days?
|
a.
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three electricians from other plants
drove to Hickman and fixed the problem
|
|
b.
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the plant operated on gasoline powered
generators
|
|
c.
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electricians at that plant got it
working
|
|
d.
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all the employees worked extra hours to
get it working
|
ANS: A
69. The
advantages of skill-based pay include all of the following except:
|
a.
|
it motivates employees to gain and use
new skills
|
|
b.
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it provides flexibility in utilizing the
workforce
|
|
c.
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it can increase productivity while
decreasing supervisory costs
|
|
d.
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there is no limit to how high an
employee can move up
|
ANS: D
70. Mushka
is the owner of a convenience store. As he begins to implement a new reward
system to improve employee motivation, he realized that although employee
turnover is high, there is a consensus on work goals and managers can measure
performance objectively. Mushka should recommend what type of reward system?
|
a.
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flexible benefit plan
|
|
b.
|
profit-sharing program
|
|
c.
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skill-based pay
|
|
d.
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all of these are good choices for the
business
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