Fleesum Recently Began Using Cross-Functional Teams

question 305

Multiple Choice

Fleesum recently began using cross-functional teams. Dee wants to make sure the teams collaborate effectively, but also wants to avoid stifling individual initiative. One method she could use to achieve this goal would be to

• A) use a more autocratic management style.
• B) use a skill-based pay plan for the teams.
• C) base the compensation of team members on a commission rather than a salary.
• D) implement a job sharing plan for team members.

Distinguish between gross and net earnings.

Understand the impact of working extra hours on salary versus hourly compensation.

Recognize the importance and frequency of updating W-4 forms.

Understand the purpose and usual amounts kept in petty cash accounts.

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Definitions:

Federal Contractor

A business or individual that enters into a contract with a federal government agency to provide goods or services.

Private Employment Agency

A private employment agency is a business or organization that assists individuals in finding employment opportunities, often specializing in particular industry sectors or career levels.

Internal Pool Recruitment

The process of filling job vacancies within an organization by considering current employees for promotion or transfer to the open positions.

Bank Manager

An individual responsible for overseeing the daily operations of a bank branch, ensuring financial stability, and providing customer service.