To which of the following does the balanced scorecard concept not apply?
Answer option D is correct.
The balanced scorecard ties objectives to performance measurements (A), sets targets (B), and measures how the objectives contribute to organization goals (C). The elimination of unnecessary processes to increase customer satisfaction (D) is the purpose of reengineering.
Chapter: Business Management and Strategy
Objective: Review Questions
Employers are required to provide a portable retirement plan to employees based on which of the following?
nswer option B is correct.
No federal law requires employers to provide a retirement plan to employees. If employers do provide retirement benefits, ERISA (A) regulates how the plans are offered and administered. OBRA (D) capped executive pay, required health plans to honor qualified medical child-support orders, and required that group health plans provide coverage for dependent adopted children of employees. The OWBPA (C) amended the ADEA to prohibit discriminating against older workers in benefit plans and defined requirements for employee waivers of their rights under the act.
Chapter: Compensation and Benefits
Objective: Review Questions
Jane is preparing for an interview process for an open position within her company. Jane has prepared several questions for the interview. In her questions, Jane is careful not to ask all of the following questions, except for which one?
Answer option D is correct.
Of all the questions, only choice D is a valid question that Jane should ask. Jane must be careful, not to offer questions that could be or interpreted as discriminatory.
Answer option A is incorrect. By asking how many children the candidate has, is an example of sex discrimination.
Answer option B is incorrect. Jane may get national origin information in the question.
Answer option C is incorrect. Asking for one's date of birth could lead to age discrimination.
Chapter: Workforce Planning and Employment
Objective: Staffing Programs
Which of the following are the key components of gainsharing?
Each correct answer represents a complete solution. Choose all that apply.
Answer options A, D, and B are correct.
The following are the key components of gainsharing:
1. Employees and management work together for reviewing organizational performance.
2. The organization and the employees share the financial gains.
3. If the goals for improvements are met, employees and managers share the success.
Answer option C is incorrect. This is not the key component of gainsharing.
Chapter: Compensation and Benefits
Objective: Compensation
You are the Senior HR Professional for your organization and you're leading a workshop on HR practices for your department. Your first topic is the Davis Bacon Act. What did the Davis Bacon Act accomplish?
Answer option C is correct.
The Davis Bacon Act in 1931 was the first piece of legislation to establish the minimum wage.
Answer options A and D are incorrect. The Davis Bacon Act did not address the retirement age.
Answer option B is incorrect. The Davis Bacon Act did not establish the minimum age to allow people to begin employment.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined