NPTEL Online Certification Courses Indian

Institute of Technology Kharagpur

Principles of Human
Resource Management
Assignment- Week 4
TYPE OF QUESTIONS: MCQ
Number of questions: 8 Total marks: 2.5 X 8 = 20

Multiple Choice Questions

QUESTION 1:

Payment of a predetermined compensation on a monthly basis is termed as:

a. Fixed pay
b. Variable pay

Correct Answer: a. Fixed pay

Remarks: Reference: Slide 316

QUESTION 2:

Payment of compensation that fluctuates depending on pre-established criteria such as

performance and company profits is termed as:
a. Fixed pay
b. Variable pay

Correct Answer: b. Variable pay

Remarks: Reference: Slide 316

QUESTION 3:

Establishment of a compensation plan that places most employees under the same
compensation system is known as:
a. Absolutism
b. Egalitarianism
c. Elitism
d. Relativism

Correct Answer: b. Egalitarianism

Remarks: Reference: Slide 316

 NPTEL Online Certification Courses Indian
Institute of Technology Kharagpur

QUESTION 4:

Establishment of different plans that are determined by membership in a particular

employee group, is known as:
a. Absolutism
b. Egalitarianism
c. Elitism
d. Relativism

Correct Answer: c. Elitism

Remarks: Reference: Slide 316

QUESTION 5:

Stock options are an example of:

a. Monetary rewards
b. Non-monetary rewards

Correct Answer: a. Monetary rewards

Remarks: Reference: Slide 317

QUESTION 6:

Job security is an example of:

a. Monetary rewards
b. Non-monetary rewards

Correct Answer: b. Non-monetary rewards

Remarks: Reference: Slide 317

NPTEL Online Certification Courses Indian

Institute of Technology Kharagpur
 QUESTION 7:

Pay based on units produced, is known as:

a. Piece-rate plan
b. Membership-contingent compensation

Correct Answer: a. Piece-rate plan

Remarks: Reference: Slide 321

QUESTION 8:

A compensation model where incentives are productivity based, and are disbursed
quarterly, is known as:
a. Profit sharing
b. Gain sharing

Correct Answer: b. Gain sharing

Remarks: Reference: Slide 350

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