QUESTION $40$

Why would an organization use benchmarking?

to compete for talent

to compete for market share

to compete on costs

to compete on product differentiation

to compete for consumer loyalty

$2$ points $$

QUESTION $41$

Which of the following is a drawback of using profit sharing?

It runs the risk of contributing to employee dissatisfaction.

It fails to make labor costs more variable.

It increases the probability of individual competition.

It promotes competition between work groups.

It promotes individual goals rather than organizational goals.

$2$ points $$

QUESTION $42$

A basic feature of $\_\_\_\_\_\_\_\_$ is the compa$-$ratio, which controls compensation costs and maintains the integrity of the pay structure,

gainsharing

merit pay

ownership

profit$-$sharing

skill$-$based

$2$ points $$

QUESTION $43$

If Nona and Xavier want to keep their individual incentives, then

they will be helpful in the pursuit of total quality management objectives.

they will encourage other employees to go beyond the call of duty.

they will reduce their motivation of acquiring multiple skills and proactive problem solving.

they must realize that they are continuously earned and re$-$earned.

they will need to contribute to a more disintegrated workforce.

$2$ points $$

QUESTION $44$

Which of the following is true of broad bands?

Broad bands with greater range spread lead to weaker budgetary control.

Broad bands with greater range spread give rise to lower labor costs.

More use of broad brands, the less opportunity for promotions.

Broad bands with smaller range spread permit managers to recognize high performance with high pay.

More use of broad brands, the less use of delayering in a firm.

$2$ points $$

QUESTION $45$

In which of the following ways do PPOs differ from HMOs?

PPOs focus on preventive measures and outpatient care.

HMOs provide benefits on a prepaid basis.

Physicians are paid on a flat salary basis in PPOs.

HMOs contract directly with employees.

PPOs aim at providing high$-$quality health services at high costs.

$2$ points $$

QUESTION $46$

Workers are eligible for unemployment benefits if they

are not actively seeking work.

voluntarily quit their job.

have worked for at least one year.

were discharged for willful misconduct.

are out of work due to a labor dispute.

$2$ points $$

QUESTION $47$

According to the Americans with Disabilities Act $($ADA$),$

the terms of health insurance should not be a subterfuge to deny benefits to those with disabilities.

the terms and conditions of health insurance should not be based on risk factors.

employers who make changes after hiring employees with disabilities are in a stronger position.

employees with disabilities have greater access to health coverage than other employees with the same health coverage plan.

employers with no risk$-$based programs are in stronger positions.

$2$ points $$

QUESTION $48$

The larger the cost of a benefit category,

the greater the opportunity for savings.

the more likely companies are to worry about quality.

the less likely companies are to worry about quality.

the more likely it is that the category will maintain level costs in the future.

the smaller the opportunity for savings.

$2$ points $$

QUESTION $49$

You have the option to choose a retirement plan. You want to choose a plan that promises a specific benefit level, so you decline the $\_\_\_\_\_\_\_\_$ plan.

defined benefit

defined contribution

flex benefit

cash balance

term benefit

$2$ points $$

QUESTION $50$

Which of the following is a characteristic of a health maintenance organization $($HMO$)?$

payment of physicians on a flat salary basis

provision of benefits on a reimbursement basis

payment of physicians on a fee$-$for$-$service basis

payment of physicians depending on the number of patients seen

exclusion of outpatient care