A. percent premium
B. proportion premium
C. fixed premium
D. variable premium
Related Mcqs:
- The ‘piecework’ pay plan is often called _______?
A. individual pay plan
B. group pay plan
C. extrinsic rewards
D. intrinsic rewards - The pay based on piecework is an example of?
A. time based pay
B. performance based pay
C. bonuses
D. promotion - The pay based on piecework is an example of?
A. time based pay
B. performance based pay
C. bonuses
D. promotion - The plan which is firstly discussed in business plan is mostly?
A. marketing plan
B. financial plan
C. personnel plan
D. production plan - Making a fit between company’s competitive aims and each department’s plan is?
A. Strategic planning
B. Strategic fit
C. Corporate strategy
D. Competitive strategy - The straight commission plan pay salespeople for their __________?
A. results
B. experience
C. skills
D. knowledge - The basic approach in employee’s performance compares with their current performance to __________?
A. set standards
B. performance in previous years
C. performance in last job
D. none of above - Providing step by step training and enlisting job’s basic tasks is __________?
A. job rotation
B. off the job training
C. job instruction training
D. apprenticeship training - Providing new employees with the basic information regarding background is __________?
A. employee orientation
B. employee training
C. both A and B
D. none of above - If a worker gets a premium for extra ‘output’ than a ‘set standard’ is called?
A. standard hour plan
B. standard piece rate
C. standard piecework
D. variable hour plan
