Which of the Following Statements About Developing Reward System Is

question 22

Multiple Choice

Which of the following statements about developing reward system is incorrect?

• A) The key benefit of a profit sharing plan is to encourage employees to think like owners.
• B) The key benefit of gain sharing plan is to introduce equity, ensuring the employees who contribute to the business can get a share of the gains.
• C) The key benefit of an employee share plan is to reduce free-riding problems.
• D) The key benefit of an individual-based incentive system is to highlight improved expectancy and instrumentality.

Understand the concept and effects of leadership and followership in organizational contexts.

Recognize the role of norms such as reciprocity in social and organizational exchanges.

Comprehend the development and impact of implicit leadership and followership theories.

Discern the distinction between formal and informal leadership and their origins.

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Definitions:

Scientific-Management

A management theory that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity, by scientific methods.

Theory X

A management concept proposed by McGregor suggesting that employees are inherently lazy and need constant supervision and control to be productive.

Human-Relations Approach

A management theory focusing on the importance of interpersonal relationships and motivation for enhancing worker productivity.

Challenging Jobs

Employment positions that require a high level of skill, effort, or complexity, providing opportunities for growth and learning.