Justin Is an Hourly Employee of Furnace Brick,a Company That

question 23

Multiple Choice

Justin is an hourly employee of Furnace Brick,a company that manufactures a special high-heat-resistant brick for industrial kilns.Justin is unhappy with the new compensation system introduced by the company's new plant manager and HR director.This system has eliminated the practice of annual raises,the Christmas bonus,and raises based on seniority for a new system that ties every employee's raise to how well Furnace Brick is performing in the market.Moreover,the plant manager has announced that twenty percent of the employees in the plant will receive no raise at all this year,regardless of the company's performance.Furnace Brick has moved from a/an ____ compensation philosophy,to a/an____ compensation philosophy.

• A) wage-based, salary-based
• B) paternalistic, competitive
• C) entitlement, performance
• D) meet-the-market, lag-the-market

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Definitions:

Non-Verbal Communication

The process of conveying a message without the use of words, through body language, facial expressions, gestures, and tone of voice.

Bear Hug

A strategy in business, particularly in takeovers, where an acquiring company makes a generous offer to another company's shareholders to buy its shares.

Cultural Sensitivity

The awareness and acknowledgment of the cultural differences and similarities between people without assigning them a value.

Managers' Attitude

The predispositions or tendencies managers have towards people, situations, or themselves, affecting decision-making and leadership styles.