Women are more likely than men to view money as a symbol of power and status as well as the means to autonomy.
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Question 2
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People with a high power distance give money a low priority in their lives.
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Question 3
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Research suggests that men and women differ in their attitudes towards money.
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Question 4
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Compared with women, men give money a lower priority in their lives.
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Question 5
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The largest portion of most paycheques is based on the person's membership and seniority.
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Question 6
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One problem with seniority-based rewards is that they cause higher turnover.
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Question 7
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Golden handcuffs is a term used to describe rewards which discourage employees from quitting because of deferred bonuses or generous benefits that are not available elsewhere.
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Question 8
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Job evaluations systematically evaluate the worth of each job within the organization by measuring its required skill, effort, responsibility, and working conditions.
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Question 9
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Job evaluation mainly supports the competency approach to rewards.
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Question 10
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Executive dining rooms represent a form of job status-based rewards.
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Question 11
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Job status-based rewards potentially motivate employees to compete with each other.
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Question 12
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Job status-based rewards discourage employees from hoarding resources.
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Question 13
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Competency-based rewards pay employees based on their performance results.
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Question 14
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Skill-based pay plans give an employee a higher pay rate for those days that he or she performs two or more jobs at the same time.
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Question 15
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Competency-based rewards tend to improve levels of product and service quality.
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Question 16
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Competency-based rewards are expensive.
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Question 17
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One advantage of competency-based rewards is that measuring employee competencies is mostly done through objective measurement methods.
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Question 18
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Commissions and piece rates are examples of competency-based rewards.
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Question 19
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Gainsharing plans focus on cost reductions and increased labour efficiency.
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Question 20
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Employee share ownership plans and share options are two types of organizational-level performance-based rewards.