Which one listed below can be considered as an incentive for going extra miles to serve the cause of an employer even though there is no set policy for awards? (Choose the most correct one) *

Merit Pay

Spot Bonus

Gain Share

Gratuity

Severance

Selim has been seriously injured in a wood processing facility. He was about to loose three of his fingers. He was bleeding severely and ended up in hospital. Doctors asked him not to work for a year. Which benefit Selim is entitled to get and may need desperately? *

Severance pay

Workers comp

Sick leave

Service benefit

Family leave act

Voluntary and Involuntary termination of an employees employment with the firm is referred as "Dismissal". *

True

False

Your wage rate is TK 85/hour and your standard of production is 10 units per hour. What will be your piece rate incentive? *

TK 10.50 per unit

TK 8.5 per hour

TK 850 per unit

TK 8.50 per unit

At a private school in Dhaka a friend of mine gets good bonus every year. But his bonus is a combination of revenue of the school and teachers contribution meaning performance from individual basis. We can argue that his school is using *

Multiplier method

Deductible formula

Split award method

Non deductible method

Marginal method

"Something is good or bad, right or wrong, better or worse".... this is referred as what? *

Morality

Ethics

Normative Judgement

Ethical Dilemma

Some people believe in quantity of life over quality of life. This is best explained by Hofstede's study as.... *

Individualism vs. collectivism

Uncertainty avoidance

High power distance vs low power distance

Achievement vs Nurturing

An economic system where government decides what will be produced, who will be allowed to produce and what price it has to be sold is known as what? *

Market economy

Command economy

State directed economy

Mixed economy

Which one listed below is not part for formal TQM program? *

QIM

QIP

TQC

TQM

Which award from listed below is given by Japan for achieving superb quality? *

Deming Prize

TQM Prize

Marshal plan prize

Congressional prize by US Govt.

Malcolm Baldrige National Quality Award

Four star consortium is a transportation service provider that works with BRTC. They use station managers job to anchor their pay scale around which other jobs are arranged in order of the relative worth. This can be an example of what? *

Formal survey

Benchmark Jobs

Informal survey

Commercial survey

Professional survey

Basic pay for 2020 is TK 40000 per month where house rent sponsored by the firm is 50% of the basic pay. If one gets 20% increment on his basic pay for next year then what will be his actual increment in salary? *

TK 4000

TK 8000

TK 12000

TK 68000

TK 72000

Black and Decker Inc. is trying to establish pay rates for their various jobs. At this stage they are trying to determine the worth of each job in relation to other by using a systematic comparison. They are likely to use which one listed below? *

Job Evaluation

Job Description

Job Codes

Job Identification

Job Context