Question 1

Greater focus on variable pay is most appropriate with the innovator strategy

Accepted Answer

A) True 
 B)False  False

Question 2

Context refers to a wide range of factors EXCEPT:

Accepted Answer

A)  legal requirements 
B)  changing demographics 
C)  cultural differences 
D)  HR strategy 
E)  expectations 
A)  legal requirements 
B)  changing demographics 
C)  cultural differences 
D)  HR strategy 
E)  expectations D

Question 3

"How much does pay differ among job levels and how well does compensation support career growth" relates to which of the following:

Accepted Answer

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

Question 4

The alignment test helps pass the differentiation test

Accepted Answer

A) True 
 B)False

Question 5

As organizational performance increases, pay-for-performance should _______.

Accepted Answer

A)  stay the same to avoid a vicious circle 
B)  decrease 
C)  increase 
D)  become risk averse 
E)  none of the above 
A)  stay the same to avoid a vicious circle 
B)  decrease 
C)  increase 
D)  become risk averse 
E)  none of the above

Question 6

From a strategic perspective, organizations may try to shape the sociopolitical environment.

Accepted Answer

A) True 
 B)False

Question 7

Unless _____, the downward spiral will speed up.

Accepted Answer

A)  increased risks are offset by larger returns 
B)  pay is externally competitive 
C)  employee contributions are equal 
D)  decreased risks are taken 
E)  pay is internally aligned 
A)  increased risks are offset by larger returns 
B)  pay is externally competitive 
C)  employee contributions are equal 
D)  decreased risks are taken 
E)  pay is internally aligned

Question 8

How does context shape organizational objectives as it relates to internal alignment and external competitiveness?

Accepted Answer

Context plays a crucial role in shaping

Question 9

Which of the tests of competitive advantage is the most difficult to achieve?

Accepted Answer

A)  align 
B)  compete 
C)  differentiate 
D)  innovate 
E)  add value 
A)  align 
B)  compete 
C)  differentiate 
D)  innovate 
E)  add value

Question 10

How do compensation systems differ for innovators, cost cutters, and customer-focused strategies?

Accepted Answer

Compensation systems are designed to ali

Question 11

"How should total compensation help this business gain and sustain competitive advantage" is a corporate level strategic choice.

Accepted Answer

A) True 
 B)False

Question 12

Making compensation decisions based on how the organization wants to compete is based on _______.

Accepted Answer

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

Question 13

This step recognizes that the compensation strategy must change to fit changing conditions.

Accepted Answer

A)  mapping a total compensation strategy 
B)  implementing cultural and regulatory changes 
C)  assessing total compensation implications 
D)  reassessing the fit 
E)  implementing strategy 
A)  mapping a total compensation strategy 
B)  implementing cultural and regulatory changes 
C)  assessing total compensation implications 
D)  reassessing the fit 
E)  implementing strategy

Question 14

Which of the following is NOT an employee preference?

Accepted Answer

A)  deferring taxes 
B)  changing benefit coverage 
C)  cultural differences 
D)  child care coverage 
E)  flexible working arrangements 
A)  deferring taxes 
B)  changing benefit coverage 
C)  cultural differences 
D)  child care coverage 
E)  flexible working arrangements

Question 15

What are the strategic choices at the three different organizational levels?

Accepted Answer

At the corporate level, strategic choice

Greater focus on variable pay is most appropriate with the innovator strategy

Context refers to a wide range of factors EXCEPT:

"How much does pay differ among job levels and how well does compensation support career growth" relates to which of the following:

The alignment test helps pass the differentiation test

As organizational performance increases, pay-for-performance should _______.

From a strategic perspective, organizations may try to shape the sociopolitical environment.

Unless _____, the downward spiral will speed up.

How does context shape organizational objectives as it relates to internal alignment and external competitiveness?

Which of the tests of competitive advantage is the most difficult to achieve?

How do compensation systems differ for innovators, cost cutters, and customer-focused strategies?

"How should total compensation help this business gain and sustain competitive advantage" is a corporate level strategic choice.

Making compensation decisions based on how the organization wants to compete is based on _______.

This step recognizes that the compensation strategy must change to fit changing conditions.

Which of the following is NOT an employee preference?

What are the strategic choices at the three different organizational levels?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Pay Structures and Job Evaluation

Person-Based Pay Structures

Defining External Competitiveness

Designing Pay Levels, Pay Mix, and Pay Structures

Employee Benefits

Pay for Performance: Performance Appraisal and Plan Design

Pay-For-Performance Plans

The Roles of Governments and Unions in Compensation

Compensation Budgets and Administration

Filters

Exam 2: Strategy-The Totality of Decisions

Greater focus on variable pay is most appropriate with the innovator strategy

Context refers to a wide range of factors EXCEPT:

"How much does pay differ among job levels and how well does compensation support career growth" relates to which of the following:

The alignment test helps pass the differentiation test

As organizational performance increases, pay-for-performance should _______.

From a strategic perspective, organizations may try to shape the sociopolitical environment.

Unless _____, the downward spiral will speed up.

How does context shape organizational objectives as it relates to internal alignment and external competitiveness?

Which of the tests of competitive advantage is the most difficult to achieve?

How do compensation systems differ for innovators, cost cutters, and customer-focused strategies?

"How should total compensation help this business gain and sustain competitive advantage" is a corporate level strategic choice.

Making compensation decisions based on how the organization wants to compete is based on _______.

This step recognizes that the compensation strategy must change to fit changing conditions.

Which of the following is NOT an employee preference?

What are the strategic choices at the three different organizational levels?

The Pay Model

Defining Internal Alignment

Job Analysis

Job-Based Pay Structures and Job Evaluation

Person-Based Pay Structures

Defining External Competitiveness

Designing Pay Levels, Pay Mix, and Pay Structures

Employee Benefits

Pay for Performance: Performance Appraisal and Plan Design

Pay-For-Performance Plans

The Roles of Governments and Unions in Compensation

Compensation Budgets and Administration

Filters