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Daily MCQs Series - 57 (in Hindi)
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Talvir Singh is teaching live on Unacademy Plus

Talvir Singh
JRF Qualified | Motivational Speaker | Comedy Addict | Lyricist | 5 Year Teaching Experience |Youtuber | Unacademy Top Educator

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Richa Aggrawal
7 months ago
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  1. NTA NET 2018 COMMERCE DAILY MCQ SERIES BY - TALVIR SINGH


  2. ABOUT ME M.Com & MBA From PU CHANDIGARH JRF QUALIFIED IN COMMERCE WORKING AS ASSISTANT PROFESSOR 2 TIMES UNIVERSITY COLOR HOLDER BEST DEBATER OF PUNJAB (2017) BEST POET OF PU CHANDIGARH (2016) COMEDY ADDICT FREELANCE MOTIVATIONAL SPEAKER YOUTUBER unacademy


  3. MCQ SERIES 57


  4. 1. Which of the following is not an advantage of an individual incentive plan . (a) provides a clear link between individual pay and . (b) may encourage individualism and non-productive . ( work contribution competition c) links total compensation costs to organisational objectives (d) can have significant impact on key performance indicators such as productivity, quality and sales


  5. . 2. When designing and implementing an individual incentive plan you need to consider all of the following except (a) ability to attract job applicants (b) frequency of rewards . (c) clear goals and design simplicity . (d) the need for periodic review


  6. . 3. Performance tracking and management systems are important aspects of the individual incentive plan as they . (a) help management to budget for labour costs . (b) provide an indication of employee attitudes . (c) assist employees to maximise their . (d) identify any flaws in the current plan and help regarding incentive pay plans performance and earning opportunities to correct problems


  7. 4. A periodic review of the individual incentive plan (a) ensures that the plan continues to meet the organisation's objectives and employee needs . . (b) ensures that the incentive plan can be funded from increases in productivity (c) provides employees with the opportunity to see how they are performing compared to the previous year . (d) identifies areas where the organisation could provide training and development opportunities that will help employees improve their performance


  8. .5. An organisation uses complex technology requiring specific purpose project teams. Secondly, this organisation has a flat structure with a culture characterised by employee involvement and a supportive management style. This organisation would most probably utilise .(a) small group incentives . (b) individual incentive plans (c) recognition plans (d) organisation wide incentive plans


  9. 6. Because small group incentives focus on team accomplishments rather than individual ones they are able to . (a) increase job satisfaction * (c) decrease competition and conflict betweern . (d) increase flexibility in job assignments (b) increase performance different work groups


  10. . 7. A small group incentive system that shares the productivity improvements with the employees who make them is a definition of . (a) recognition program . (b) profit share (c) gain sharing . (d) bonus payment