Chapter 11 Quiz

Chapter 11 Quiz

3rd Grade

10 Qs

quiz-placeholder

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Chapter 11 Quiz

Chapter 11 Quiz

Assessment

Quiz

Business

3rd Grade

Practice Problem

Hard

Created by

Semiha Ekici-Şimşek

Used 2+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

Which one of the following terms refers to all forms of pay or rewards going to employees and arising from their employment?

salary

employee benefits

wage

employee compensation

2.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

Which one of the following is NOT a type of direct financial payment?

wages

insurance

incentives

commissions

3.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

John is a sales representative in a jewelry store. He typically works 40 hours per week and his pay is completely based on his sales. He earns a 5% commission for every sale he makes. Which one of the following terms best describes John's situation?

pay for performance

indirect financial compensation

time-based compensation

piecework pay

4.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

What theory of motivation states that people are strongly motivated to maintain a balance between what they perceive as their contributions and their rewards?

Two-factor theory

Equity theory

Learned needs theory

Expectancy theory

5.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

Which form of equity refers to how a job's pay rate in one company compares to the job's pay rate in other companies?

distributive

internal

external

procedural

6.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

Which form of equity refers to the fairness of a job's pay rate in comparison to other jobs within the same company?

external

internal

distributive

individual

7.

MULTIPLE CHOICE QUESTION

1 min • 10 pts

Media Image

Which form of equity refers to the perceived fairness of the processes used to make decisions regarding the allocation of pay?

internal

distributive

individual

procedural

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