Question 1

Unlimited compensation choices by employees would meet with disapproval from the U.S.Internal Revenue Service.

Accepted Answer

A) True 
 B)False

Question 2

The fourth step of formulating a total compensation strategy is to reassess.

Accepted Answer

A) True 
 B)False

Question 3

Career growth,hierarchy and flexible design are examples of choices related to the _____ strategy choice of total compensation.

Accepted Answer

A)  objectives 
B)  internal alignment 
C)  external competitiveness 
D)  employee contributions 
A)  objectives 
B)  internal alignment 
C)  external competitiveness 
D)  employee contributions

Question 4

In mapping a total compensation strategy,the question of how is compensation in the overall HR strategy is part of _____.

Accepted Answer

A)  objectives 
B)  internal alignment 
C)  external competitiveness 
D)  management 
A)  objectives 
B)  internal alignment 
C)  external competitiveness 
D)  management

Question 5

Whole Foods' decision to seek and engage employees who are going to help the company make money is an example of which strategic pay decisions?

Accepted Answer

A)  Objectives 
B)  Employee contributions 
C)  Internal alignment 
D)  Management 
A)  Objectives 
B)  Employee contributions 
C)  Internal alignment 
D)  Management

Question 6

Issues of transparency,technology,and choice are examples of choices related to the _____ strategy choice of total compensation.

Accepted Answer

A)  objectives 
B)  management 
C)  employee contributions 
D)  internal alignment 
A)  objectives 
B)  management 
C)  employee contributions 
D)  internal alignment

Question 7

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

Accepted Answer

A)  assess total compensation implications 
B)  implement strategy 
C)  mapping strategy 
D)  assessing business needs 
A)  assess total compensation implications 
B)  implement strategy 
C)  mapping strategy 
D)  assessing business needs

Question 8

A compensation system that pays employees such that "some skin is in the game" means that

Accepted Answer

A)  a portion of employee pay is at risk 
B)  employers risk high labor costs 
C)  level of base pay is below competitors 
D)  base pay is low while benefits are generous 
A)  a portion of employee pay is at risk 
B)  employers risk high labor costs 
C)  level of base pay is below competitors 
D)  base pay is low while benefits are generous

Question 9

What business should a company be in and how does the company win are questions that are a part of mapping a total compensation strategy.

Accepted Answer

A) True 
 B)False

Question 10

Most organizations rely upon the market to determine how to pay their employees since compensation strategy is uncertain and complex.

Accepted Answer

A) True 
 B)False

Question 11

External competitiveness is one test of competitive advantage.

Accepted Answer

A) True 
 B)False

Question 12

Customer-focused pay strategies are very likely to use market-based pay.

Accepted Answer

A) True 
 B)False

Question 13

When organization performance declines,

Accepted Answer

A)  a virtuous circle may be created. 
B)  performance-based pay plans do not pay off. 
C)  managers will change the pay practices. 
D)  employees will work harder to improve performance. 
A)  a virtuous circle may be created. 
B)  performance-based pay plans do not pay off. 
C)  managers will change the pay practices. 
D)  employees will work harder to improve performance.

Question 14

The decision to base pay increases on individual or group performance is made within the _____ strategic compensation choices.

Accepted Answer

A)  internal alignment 
B)  external competitiveness 
C)  employee contributions 
D)  management 
A)  internal alignment 
B)  external competitiveness 
C)  employee contributions 
D)  management

Question 15

Define defenders and prospectors as referred to by Miles and Snow.

Accepted Answer

According to Miles and Snow,de

Question 16

"Supporting promotional growth opportunities" is an example of which of the following?

Accepted Answer

A)  Objectives 
B)  Internal alignment 
C)  Externally competitive 
D)  Employee contributions 
A)  Objectives 
B)  Internal alignment 
C)  Externally competitive 
D)  Employee contributions

Question 17

At the corporate level,a strategic compensation perspective addresses the question:

Accepted Answer

A)  What business should we be in? 
B)  What is our desired return on assets? 
C)  How can our total compensation help gain competitive advantage to achieve organization success? 
D)  How can job analysis help us select the most appropriate certain compensation technique(s)for our organization? 
A)  What business should we be in? 
B)  What is our desired return on assets? 
C)  How can our total compensation help gain competitive advantage to achieve organization success? 
D)  How can job analysis help us select the most appropriate certain compensation technique(s)for our organization?

Question 18

The alignment test

Accepted Answer

A)  is difficult to imitate. 
B)  is the most difficult test. 
C)  helps ensure passing the differentiation test. 
D)  becomes difficult if the differentiation test is not clear. 
A)  is difficult to imitate. 
B)  is the most difficult test. 
C)  helps ensure passing the differentiation test. 
D)  becomes difficult if the differentiation test is not clear.

Question 19

Compensation strategy should reflect the organization's values.

Accepted Answer

A) True 
 B)False

Question 20

The choice to communicate and make open an organization's pay system to employees is an example of which strategic choice?

Accepted Answer

A)  Internal alignment 
B)  External competitiveness 
C)  Employee contributions 
D)  Management 
A)  Internal alignment 
B)  External competitiveness 
C)  Employee contributions 
D)  Management

Unlimited compensation choices by employees would meet with disapproval from the U.S.Internal Revenue Service.

The fourth step of formulating a total compensation strategy is to reassess.

Career growth,hierarchy and flexible design are examples of choices related to the _____ strategy choice of total compensation.

In mapping a total compensation strategy,the question of how is compensation in the overall HR strategy is part of _____.

Whole Foods' decision to seek and engage employees who are going to help the company make money is an example of which strategic pay decisions?

Issues of transparency,technology,and choice are examples of choices related to the _____ strategy choice of total compensation.

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

A compensation system that pays employees such that "some skin is in the game" means that

What business should a company be in and how does the company win are questions that are a part of mapping a total compensation strategy.

Most organizations rely upon the market to determine how to pay their employees since compensation strategy is uncertain and complex.

External competitiveness is one test of competitive advantage.

Customer-focused pay strategies are very likely to use market-based pay.

When organization performance declines,

The decision to base pay increases on individual or group performance is made within the _____ strategic compensation choices.

Define defenders and prospectors as referred to by Miles and Snow.

"Supporting promotional growth opportunities" is an example of which of the following?

At the corporate level,a strategic compensation perspective addresses the question:

The alignment test

Compensation strategy should reflect the organization's values.

The choice to communicate and make open an organization's pay system to employees is an example of which strategic choice?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters

Exam 2: Strategy: The Totality of Decisions

Unlimited compensation choices by employees would meet with disapproval from the U.S.Internal Revenue Service.

The fourth step of formulating a total compensation strategy is to reassess.

Career growth,hierarchy and flexible design are examples of choices related to the _____ strategy choice of total compensation.

In mapping a total compensation strategy,the question of how is compensation in the overall HR strategy is part of _____.

Whole Foods' decision to seek and engage employees who are going to help the company make money is an example of which strategic pay decisions?

Issues of transparency,technology,and choice are examples of choices related to the _____ strategy choice of total compensation.

Examination of employee and union needs and the social and political context is a part of _____ step in formulating a total compensation strategy.

A compensation system that pays employees such that "some skin is in the game" means that

What business should a company be in and how does the company win are questions that are a part of mapping a total compensation strategy.

Most organizations rely upon the market to determine how to pay their employees since compensation strategy is uncertain and complex.

External competitiveness is one test of competitive advantage.

Customer-focused pay strategies are very likely to use market-based pay.

When organization performance declines,

The decision to base pay increases on individual or group performance is made within the _____ strategic compensation choices.

Define defenders and prospectors as referred to by Miles and Snow.

"Supporting promotional growth opportunities" is an example of which of the following?

At the corporate level,a strategic compensation perspective addresses the question:

The alignment test

Compensation strategy should reflect the organization's values.

The choice to communicate and make open an organization's pay system to employees is an example of which strategic choice?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, mix, and Pay Structures

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Benefit Options

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters