This is the hardest trivia questions quiz that is designed to test out how you Pay For Performance and Financial Incentives in the business sector. There have been a lot of scholars who have come up with theories that form the background of the buying and selling of goods and services. And in this quiz,you will get to review most of them and their use in the world today.
Social loafing
Systematic soldiering
Work shifting
Group logrolling
Indirect financial payments
Merit payments
Hardship allowances
Financial incentives
Strategic management
Scientific management
Management by objectives
Performance management
Frederick Taylor
Abraham Maslow
Frederick Herzberg
David McClelland
Highly motivated workers rely equally on lower-level and higher-level needs.
Assigning workers to teams can eliminate job-associated stress and frustration.
Providing employees with feedback and challenge satisfies their lower-level needs
Managers can create a self-motivated workforce by providing feedback and recognition.
Base salary
Achievement
Incentive pay
Co-worker relationships
Frederick Taylor
Frederick Herzberg
David McClelland
Edward Deci
The bonus will encourage Rebecca to work harder than before.
The bonus will detract from Rebecca's inner desire to work hard.
Rebecca's bonus will satisfy her higher-level needs and increase her motivation.
Rebecca will feel inadequate because the bonus fails to address hygiene factors.
Probability that effort will lead to success
Relationship between performance and reward
Perceived value a person attaches to a reward
Employer's strategy for motivating employees
Instrumentality
Valence
Expectancy
Optimism
Existence
Expectancy
Esteem
Energy
Intrinsic needs
Internalization
Instrumentality
Incentives
Valence
Instrumentality
Expectancy
Variable pay
Focus on behavior modification methods
Make incentive plans easy to understand
Provide training and support to employees
Boost the confidence level of employees
Frederick Taylor
Frederick Herzberg
B.F. Skinner
Edward Deci
Behavior modification
Personal development
Instrumentality
Internal motivation
Behavior that leads to rewards tends to be repeated.
Properly scheduled rewards can be used to encourage some behaviors
Properly scheduled punishments can be used to minimize some behaviors
Employees must understand the link between rewards, punishments, and behavior.
Piecework
Variable pay
Pay-for-performance
Merit pay
Bonus for new hires
Christmas bonus
Efficiency bonus
Union contract bonus
Competency-based pay
Job-based pay
Piecework
Bonus
Variable pay
Straight piecework
Straight hourly pay
Standard hour plan
Variable pay
Straight piecework
Standard hour plan
Standard piecework
Resist attempts to modify production standards
Focus on production quantity instead of quality
View the plans as unfair and complicated
Dislike new technology or processes
Powerful incentive to workers
Workers earn efficiency bonuses
Firms save on overtime wages
Entices independent contractors
Competency-based pay
Variable pay
Merit pay
Base pay