Exam 2: Strategy: The Totality of Decisions

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

(True/False)
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The fourth step of formulating a total compensation strategy is to reassess.

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

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

(Multiple Choice)
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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?

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

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

(Multiple Choice)
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A compensation system that pays employees such that "some skin is in the game" means that

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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.

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

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External competitiveness is one test of competitive advantage.

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

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When organization performance declines,

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

(Multiple Choice)
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Define defenders and prospectors as referred to by Miles and Snow.

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

(Multiple Choice)
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At the corporate level,a strategic compensation perspective addresses the question:

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The alignment test

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Compensation strategy should reflect the organization's values.

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

(Multiple Choice)
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