Exam 2: A Strategic Framework for Compensation

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The key feature of an organizational system is that it transforms input resources into outputs that are valued by a body or group.

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If a particular compensation system has been successful in one organization, it is very likely that replicating that compensation system will bring success in another organization.

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Which of the following is classified as a "main" managerial strategy?

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Which of the following production processes refers to long-linked technology?

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What can you determine by examining a firm's structural variables?

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A prospector strategy, short life cycle products, a highly skilled work force, and a relatively small organization would be a good combination of variables for which managerial strategy?

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According to the textbook, which of the following terms would best describe an analyzer business strategy?

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According to the textbook, all five contextual variables are of equal importance

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The three main managerial strategies described in the text are: the classical style, the human relations style, and the high involvement style.

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You recently transferred from a smaller manufacturing firm to a larger one and discovered that, although entirely different, both compensation systems are effective. How is this possible?

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Which of the following key cultural values would be detrimental to a high-involvement organization?

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What determines the contextual variables?

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Explain the concept of organizations as systems.

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You are in the process of designing a new reward system for your firm. What is the most important single determinant of what will or will not be a successful reward system for your firm?

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What can you determine by examining a firm's contextual variables?

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Which of the following variables indicates to management the most appropriate managerial strategy to use in an organization?

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As a human resources consultant, you decided to recommend to a business owner that she should use a contingency view to organizational design. In order to support your recommendation, what would you look at first from a business structure perspective?

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Which of the following conditions has NOT made it increasingly difficult for Canadian firms to make the classical managerial strategy work for them?

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Briefly explain the difference between the three managerial strategies described in the text.

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Supporters of the classical managerial approach to management assume employees are inherently lazy and require constant vigilance

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