Practice 8
Over the years, organizations have implemented incentive plans for a variety of reasons: high labor costs, competitive product markets, slow technological advances, and high potential for production bottlenecks. While these reasons are still cited, contemporary arguments for incentive plans focus on pay-for-performance and link compensation rewards to organizational goals. By meshing compensation and organizational objectives, managers believe that employees will assume “ownership” of their jobs, thereby improving their effort and overall job performance. Incentives are designed to encourage employees to put out more effort to complete their job tasks-effort they might not be motivated to expend under hourly and/or seniority-based compensation systems. Financial incentives are therefore offered to improve or maintain high levels of productivity and quality.
Do incentive plans work? Various studies have demonstrated a measurable relationship between incentive plans and improved organizational performance. In a survey of organizations with more than 500 employees, conducted by the New York Stock Exchange,70 percent of organizations with gain sharing programs stated that those programs improved productivity. In the area of manufacturing productivity will often improve by as much as 20 percent after the adoption of incentive plans.
Which of the following is the technology that helps organizations to reduce legal risks associated with e-mail?()
() are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion; they may also exert influence over the project and its results.
Organizations are now extending their () beyond the end customer to include the acceptance and disassembly of final products for reuse in the new products.
() are individuals and organizations that are actively involved in the project, or whose interests may be affected as a result of project execution or project completion.
Which organizations can post to the same set of books?()
Organizations perform work to achieve a set of objectives. Generally, work can be categorized as either projects or operations, although the two sometimes are()
According to paragraph 2, some organizations check their systems to find out ______.
What do the officials from 23 countries and 6 international organizations do?
A person calls in asking for the name of the vendor that the technician uses for the organizations firewall hardware. Which of the following is the BEST action for the technician to take?()