Which of the Following Statements Regarding Incentive Systems Is False

question 28

Multiple Choice

Which of the following statements regarding incentive systems is false?

• A) Bonuses are often used at the executive levels.
• B) About half of all American manufacturing firms use productivity incentives.
• C) Profit-sharing systems provide some part of the profit for distribution to employees.
• D) The Scanlon plan is based on team productivity.
• E) Increasing use of cross-training has led to increasing use of knowledge-based pay systems.

Acknowledge the possibilities of training leading to dependency and the need for adaptability in training.

Recognize the role of supervisors in training efficiency assessment.

Understand the concept and importance of external and internal recruitment processes.

Identify the components and significance of a job specification.

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Definitions:

Post-assignment Process

The procedures and activities that occur after the completion of a specific task or project, often involving evaluation and follow-up.

Cross-cultural Training

Educational programs designed to enhance individuals' understanding, skills, and competence in interacting effectively with people from different cultural backgrounds.

Strategic International HR Planning

The process of designing and implementing plans to acquire, develop, and retain a workforce that can effectively achieve global business objectives.

Multinational Enterprises

Companies that own or control production or service facilities in one or more countries other than their home country.