Question 1

Porter offers the notion that business strategies may be divided into two broad dimensions: cost and differentiation.

Accepted Answer

A) True 
 B)False

Question 2

You have been asked to explain to a manager the notion of structural variables within the context of a strategic framework for compensation. Which of the following variables would you elaborate on?

Accepted Answer

A)  how work is divided into subtasks 
B)  the market the company serves 
C)  the level of differentiation in the products and services offered by the company 
D)  the company's products' life cycle 
A)  how work is divided into subtasks 
B)  the market the company serves 
C)  the level of differentiation in the products and services offered by the company 
D)  the company's products' life cycle

Question 3

You have recently been hired by a manufacturing company in Vancouver, British Columbia. You conclude that the company is using a high-involvement management strategy. Which of the following variables would you review to support your aforementioned conclusion?

Accepted Answer

A)  structural variables 
B)  organizational policies and procedures 
C)  contextual variables 
D)  behaviours of managers 
A)  structural variables 
B)  organizational policies and procedures 
C)  contextual variables 
D)  behaviours of managers

Question 4

Knowing which organization structure to use requires first understanding which of the following aspects?

Accepted Answer

A)  structural variables 
B)  corporate strategy 
C)  managerial strategy 
D)  technology 
A)  structural variables 
B)  corporate strategy 
C)  managerial strategy 
D)  technology

Question 5

Which reward strategy is appropriate for companies using a human relations approach to management?

Accepted Answer

A)  Rewards are mainly extrinsic and focus on loyalty to the organization. 
B)  A wide variety of both intrinsic and extrinsic rewards are used. 
C)  Only extrinsic rewards are offered. 
D)  Only intrinsic rewards are offered. 
A)  Rewards are mainly extrinsic and focus on loyalty to the organization. 
B)  A wide variety of both intrinsic and extrinsic rewards are used. 
C)  Only extrinsic rewards are offered. 
D)  Only intrinsic rewards are offered.

Porter offers the notion that business strategies may be divided into two broad dimensions: cost and differentiation.

You have been asked to explain to a manager the notion of structural variables within the context of a strategic framework for compensation. Which of the following variables would you elaborate on?

You have recently been hired by a manufacturing company in Vancouver, British Columbia. You conclude that the company is using a high-involvement management strategy. Which of the following variables would you review to support your aforementioned conclusion?

Knowing which organization structure to use requires first understanding which of the following aspects?

Which reward strategy is appropriate for companies using a human relations approach to management?

A Road Map to Effective Compensation

A Behavioural Framework for Compensation

Components of Compensation Strategy

Performance Pay Choices

Formulating the Reward and Compensation Strategy

Evaluating Jobs: The Job Evaluation Process

Evaluating Jobs: The Point Method of Job Evaluation

Evaluating the Market

Evaluating Individuals

Designing Performance Pay Plans

Designing Indirect Pay Plans

Activating and Maintaining an Effective Compensation System

Filters

Exam 2: A Strategic Framework for Compensation

Porter offers the notion that business strategies may be divided into two broad dimensions: cost and differentiation.

You have been asked to explain to a manager the notion of structural variables within the context of a strategic framework for compensation. Which of the following variables would you elaborate on?

You have recently been hired by a manufacturing company in Vancouver, British Columbia. You conclude that the company is using a high-involvement management strategy. Which of the following variables would you review to support your aforementioned conclusion?

Knowing which organization structure to use requires first understanding which of the following aspects?

Which reward strategy is appropriate for companies using a human relations approach to management?

A Road Map to Effective Compensation

A Behavioural Framework for Compensation

Components of Compensation Strategy

Performance Pay Choices

Formulating the Reward and Compensation Strategy

Evaluating Jobs: The Job Evaluation Process

Evaluating Jobs: The Point Method of Job Evaluation

Evaluating the Market

Evaluating Individuals

Designing Performance Pay Plans

Designing Indirect Pay Plans

Activating and Maintaining an Effective Compensation System

Filters