Question: In which incentive the executives are given right to purchase stocks for specific period?

• 1. long-term incentives
• 2. short-term incentives
• 3. pay scale
• 4. ranking jobs

Question: An ‘Equity theory of Motivation’ does not include?

• 1. internal equity
• 2. external equity
• 3. collective equity
• 4. individual equity

Question: The ranking of job, based on difficulty is?

• 1. job description
• 2. job specification
• 3. job evaluation
• 4. ranking method

Question: The approaches used to compare jobs are?

• 1. intuitive approaches
• 2. systematic approaches
• 3. mathematical approaches
• 4. logical approaches

Question: The work experience and field of study are included in?

• 1. working capital
• 2. human capital
• 3. compensation capital
• 4. size of working capital

Question: After ensuring external and internal equity, the next step in establishing pay rates is?

• 1. group similar jobs
• 2. price each pay grade
• 3. fine tune pay rates
• 4. determining the worth of each job

Question: The ‘Hay consulting firm’ emphasizes compensable factors such as?

• 1. skills
• 2. efforts and responsibility
• 3. knowledge
• 4. accountability

Question: The techniques which allow employer for flexible labor stance is?

• 1. job classification
• 2. job evaluation method
• 3. job ranking technique
• 4. pay ranges

Question: The total profit and rate of return is classified as?

• 1. employer’s ability to pay
• 2. employer’s ability to hire
• 3. employer’s ability to train employees
• 4. employer’s ability to grow

Question: ‘Microsoft’ pays new programmers for learning Windows particulars, classified as?

• 1. pay plan based on knowledge
• 2. pay plan based on title of job
• 3. pay plan based on tenure
• 4. pay plan based on performance