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MGT 420, Exam 4 Questions and Answers

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  • Course
  • MGT420
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  • MGT420

Employee Value Proposition - Answer-the exchange of value between what the individual and the employer offer in the employment relationship Integrated Model of Motivation - Answer-motivation, performance, satisfaction Reinforcement - Answer-any event that strengthens the behavior it follows ...

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  • October 25, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MGT420
  • MGT420
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MGT 420, Exam 4 Questions and
Answers
Employee Value Proposition - Answer-the exchange of value between what the
individual and the employer offer in the employment relationship

Integrated Model of Motivation - Answer-motivation, performance, satisfaction

Reinforcement - Answer-any event that strengthens the behavior it follows

Equity - Answer-a condition in which people receive from a relationship in proportion to
what they give to it

Content - Answer-satisfied

Expectancy Theory - Answer-the theory that people will be motivated to the extent to
which they believe that their efforts will lead to good performance, that good
performance will be rewarded, and that they will be offered attractive rewards

Intrinsic Rewards - Answer-valued outcomes received as internal enjoyment of task
performance (personal enjoyment)

Extrinsic Rewards - Answer-valued outcomes received from an external source or
person (perks and bonuses)

Pay For Performance - Answer-also known as performance-contingent pay; you earn
more when you produce more work and less when you produce less work

Merit Pay - Answer-pay raise based on performance accomplishments

Gain Sharing - Answer-allows employees to share in cost savings or productivity gains
realized by their efforts

Profit Sharing - Answer-incentive pay in which payments are a percentage of the
organization's profits and do not become part of the employees' base salary

Stock Options - Answer-give the right to purchase shares at a fixed price in the future

Employee Stock Ownership Plan (ESOP) - Answer-a compensation system that awards
employees shares of company stock in addition to their regular compensation

Skill Based Pay - Answer-rewards people for acquiring and developing job-relevant
skills

, Two Purposes of Performance Management - Answer-Evaluation and Development

Performance Measurement - Answer-1)identify clear and measurable performance
goals 2)measure performance 3)provide feedback and coaching 4)use performance
appraisal for human resource management decision

Halo Error - Answer-results when one person rates another person on several different
dimensions and gives a similar rating for each dimension

Validity - Answer-when a performance measure addresses job-relevant dimensions

Reliability - Answer-when a performance measure gives consistent results

Leniency Error - Answer-when managers tend to give relatively high ratings to virtually
everyone under their supervision

Central Tendency Error - Answer-Occurs when a rater gives all employees a score
within a narrow range in the middle of the scale; gives the impression that there are no
very good or very poor performances

Recency Error - Answer-When raters place too much emphasis on recent behaviors
and outcomes instead of overall performance

Personal Bias Error - Answer-displays expectations and prejudices that fail to give the
job-holder complete respect, such as showing racial bias in ratings

Performance Appraisal - Answer-the formal procedure or event that evaluates a
person's work performance; also known as performance review or assessment

Ranking - Answer-orders each person from best to worst

Paired Comparison - Answer-compares each person with every other one

Forced Distribution - Answer-forces a set percentage of persons into predetermined
rating categories

Rating Scales - Answer-list a variety of performance dimensions and assigns individual
scores for each

Critical Incident Diaries - Answer-records actual examples of positive and negative work
behaviors and results

BARS - Answer-behaviorally anchored rating scale; links performance ratings to specific
and observable job behaviors

Job Design - Answer-the process of specifying job tasks and work arrangements

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