Exam 2: A Strategic Framework for Compensation

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Which of the following rewards are normally associated with a high-involvement managerial strategy?

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Which of the following organizational variables would complement a classical management strategy?

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Which of the following sets of resources is used by an organization to transform inputs into outputs?

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To determine the most appropriate managerial strategy for a firm to utilize, it is necessary to examine the firm's structural variables.

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Contextual variables such as managerial strategy provide the link to structural variables.

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What are the five contextual variables and why are they important?

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Which of the following characteristics are common in a classical organization?

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Which of the following terms describes systems that apply a set of procedures to a mix of resources in order to produce outputs that the marketplace values?

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What is the purpose of the strategic framework for compensation?

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You have been asked to provide some element of rationale why some companies using a human relations strategy sometimes attempt to change to a more classical framework. Which of the following would best describe the most important issue associated with your explanation?

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A strategic framework is used as a tool to help determine which aspect of compensation?

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Richard, a new employee, is told by a more experienced employee to do only the minimum and not attempt to be a "superstar." What variable best describes what Richard is experiencing?

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Which of the following terms best describes the scope of business operations undertaken by an organization?

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An organization's domain is simply another term for managerial strategy or plan.

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The strategic framework for compensation helps to identify the corporate strategy that will best suit a firm's compensation strategy.

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Which of the following sets of strategies reflects different assumptions about employees and how they should be managed?

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Marie is the new owner of a large apple farm in British Columbia. She hires seasonal workers to pick apples during the months of October and November each year. Historically, there has been an abundance of labour supply. Which of the following managerial strategies should you adopt to increase the farm's performance?

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Identify the six structural variables that make up the organization structure and explain why they are so important.

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What should an effective organizational structure provide an organization?

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According to Perrow's approach to classifying technology, an electrical utility or a plant that manufactures washing machines is an example of what type of technology?

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