Types of Incentives

Q.

Differentiate between transfer and promotions.

Q.

Which of the following is a non-financial incentive?

1. Job enrichment

2. Employee recognition programmes

3. Profit sharing

4. Both A and B

Q.

Which of the following is not an example of a non-financial incentive?

1. Status

2. Perquisites

3. Organisational Climate

4. Career Advancement Opportunity

Q.

Define training. How is it different from education?

Q. A reputed hostel, GyanPradan provides medical aid and free education to children of its employees. Which incentive is being highlighted here? State its category and name any two more incentives of the same category.

Q.

Job enrichment is concerned with designing jobs that include a greater variety of work content and provide the opportunity for personal growth and a meaningful work experience. State true or false.

1. True

2. False

Q. incentives refer to the incentives which are in direct monetary form or measurable in monetary form to motivate people.

1. Financial
2. Non- Financial
3. Direct
4. Indirect

Q.

What Is the Importance of Studying Entrepreneurship?

Q.

Kareena is working in an MNC. She has been given an option to buy the shares of the company at an amount less than the market price because of her performance as an incentive, Katrina has been awarded 'Employee of the month' award. ___ form of incentive is being referred here?

Q.

___ incentives include co-partnership, bonus and profit sharing.

Q.

___ incentives are those which are in direct monetary form or measurable in monetary terms. They may be in the form of a bonus, profit sharing, etc.

Q.

What are the 4 types of customers?

Q. Pay and allowance, profit sharing and bonus are examples of incentives.

1. financial
2. non- Financial
3. direct
4. indirect

Q.

ILT Ltd., one of the leading companies in the automobile sector, closed its incentive schemes and enjoys profit solely. This results in inefficiency of workers.

(i) What was the reason behind the poor performance of workers?

(ii) What steps can be taken to motivate workers?

(iii) What values are being ignored in the case?

Q. Which of the following involves designing a job in such a way that it provides the worker greater autonomy for planning and controlling his own performance?

[1 mark]

1. Job enrichment
2. Job description
3. Job specification
4. Job interview

Q.

What are the examples of promotion?

Q.

Pick the financial incentive.

1. Perquisites

2. Job enrichment

3. Employee participation

4. Career advancement opportunity

Q. Match the correct pairs:

Group 'A'	Group 'B'
a. Economic activity b. Highly optimistic c. External values d. Internal values e. Motivation	1. Self fulfillment 2. Entrepreneurship 3. Passion 4. A sense of belonging 5. Entrepreneur 6. Positive or negative 7. Benefit 8. Dimension 9. Necessity Based 10. Market opportunity