,DOWNLOAD THE Test Bank for Compensation 12th Edition Milkovich
M M M M M M M M
Chapter 02 Stra
M M
tegy: The Totality of Decisions
M M M M
MultipleMChoiceMQuestions
1. AMcompensation Msystem Mthat MfocusesMon Mcompetitor'sMlaborMcostsMisMmost Mclosely Massociated Mwith Ma(n)
M
Mstrategy.
A. innovator
B. customer-focused
C. cost-cutter
D. differentiated
2. AMcompensation Msystem MusingMmarket-based Mpay MisMmostMlikely Mto MbeMpart Mof Ma(n)Mstrategy.
A. innovator
B. cost-cutter
C. cost Mleadership
D. customer-focused
3. Flexible-genericMjob MdescriptionsMwould Mmost Mlikely MbeMused Mwith Ma(n)M strategy.
A. innovator
B. customer-focused
C. differentiated
D. cost-cutter
4. Mich MInc.,Ma MhardwareMstore,MhasMaMratingMsystem Min MplaceMthat MratesMemployeesMon MtheirMfriendliness,
Musefulness,Mand MproductMknowledge.MBased MonMthe MratingsManMemployee Mreceives,Mhe MorMshe MgetsMan Mi
ncentive.MTheMcompensation Mstrategy Mfollowed Mby MMich MisMmost Mclosely Mdescribed MasMa:
A. customer-focused Mstrategy.
B. cost-cutterMstrategy.
C. innovatorMstrategy.
D. differentiation Mstrategy.
2-1
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
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5. AMcompensation MsystemMfocusingMon Msystem McontrolMand Mwork MspecificationsMisMmost Mclosely Massociate
d Mwith Ma(n)M strategy.
A. innovator
B. customer-focused
C. cost-cutter
D. differentiated
6. AllMof MtheMfollowingMEXCEPTM areMcompensation MsystemsMassociated Mwith Ma Mcost-cutterMstrategy.
A. focusMon Mcompetitor'sMlaborMcosts
B. focusMon Msystem McontrolMand Mwork Mspecifications
C. increaseMin MvariableMpay
D. customerMsatisfaction Mincentives
7. In MtheMformulaMpredictingMperformance,MtheMcomponent Mmost Mclosely Mrelated MtoMcompensation MisM.
A.MA
B.MM
C.MO
D.MC
8. WholeMFoods'Mshared-
fateMphilosophy Mof MlimitingMexecutive MsalariesMto Mno MmoreMthan M19 MtimesMtheMaverageMpay Mof Mfull-
timeMemployeesMisMan MexampleMof Mwhich MstrategicMpay Mdecision?
A. ExternalMcompetitiveness
B. EmployeeMcontributions
C. CorporateMresponsibility
D. InternalMalignment
9. ComparisonsMon MtheMformsMofMcompensation MusedMby MotherMcompaniesMareMpart MofM.
A. internalMalignment
B. externalMcompetitiveness
C. employeeMcontributions
D. corporateMresponsibility
2-2
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
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M M M M M M M M
10. TheMsecond Mstep Mof MdevelopingMa MtotalMcompensation Mstrategy MisMto:
A. implement MtheMstrategy.
B. assessMtotalMcompensation Mimplications.
C. estimateMtheMcost Mof MtheMstrategy.
D. map MtheMstrategy.
11. Which Mof MtheMfollowingMisMtheMcorrect MorderMof MtheMstepsMin MformulatingMa MtotalMcompensation Mstrategy?
A. AssessMtheMstrategy,Mimplement MtheMstrategy,Mmap MtheMstrategy,Mand MreassessMtheMstrategy.
B. AssessMtheMstrategy,Mmap MtheMstrategy,Mimplement MtheMstrategy,Mand MreassessMtheMstrategy.
C. Map MtheMstrategy,Mimplement MtheMstrategy,MassessMtheMstrategy,Mand MreassessMtheMstrategy.
D. Map MtheMstrategy,MassessMtheMstrategy,Mimplement MtheMstrategy,Mand MreassessMtheMstrategy.
12. Based Mon MtheMopinionsMofM10,000 MU.S.Mworkers,MHudson Mfound Mthat Mwhen Mgiven MtheirMch
oiceMof MunconventionalMbenefits,Mmost MemployeesMwould Mselect M .
A. moreMsupplementalMinsurance
B. moreMjob Mtraining
C. a MmoreMflexibleMwork Mschedule
D. moreMpersonalMdaysMand Mfamily Mleave
13. AccordingMto MtheMHudson Msurvey,M
isMtheMsingleMthingMthat Mwould MmakeM41 Mpercent Mof MtheMU.S.Mw
orkersMhappier.
A. moreMpersonalMdays
B. flexibleMwork Mschedule
C. moreMmoney
D. betterMhealth Minsurance
14. Which Mof MtheMfollowingMstatementsMregardingMallowingMemployeesMa MchoiceMin MtheirMpay Mmix MisMNOTMtrue?
A. AllowingMemployeesMtheirMchoiceMisMdifficult Mto Mmanage
B. AllowingMemployeesMtheirMchoiceMisMeasy MforMcompetitorMcompaniesMto Mimitate
C. ProvidingMunlimited MchoicesMforMemployeesMto MchooseMfrom MisMdifficult Mto Mdesign
D. ProvidingMtoo Mmany MchoicesMcan MconfuseMpeople
2-3
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
mynursytest.store
M M M M M M M M
Chapter 02 Stra
M M
tegy: The Totality of Decisions
M M M M
MultipleMChoiceMQuestions
1. AMcompensation Msystem Mthat MfocusesMon Mcompetitor'sMlaborMcostsMisMmost Mclosely Massociated Mwith Ma(n)
M
Mstrategy.
A. innovator
B. customer-focused
C. cost-cutter
D. differentiated
2. AMcompensation Msystem MusingMmarket-based Mpay MisMmostMlikely Mto MbeMpart Mof Ma(n)Mstrategy.
A. innovator
B. cost-cutter
C. cost Mleadership
D. customer-focused
3. Flexible-genericMjob MdescriptionsMwould Mmost Mlikely MbeMused Mwith Ma(n)M strategy.
A. innovator
B. customer-focused
C. differentiated
D. cost-cutter
4. Mich MInc.,Ma MhardwareMstore,MhasMaMratingMsystem Min MplaceMthat MratesMemployeesMon MtheirMfriendliness,
Musefulness,Mand MproductMknowledge.MBased MonMthe MratingsManMemployee Mreceives,Mhe MorMshe MgetsMan Mi
ncentive.MTheMcompensation Mstrategy Mfollowed Mby MMich MisMmost Mclosely Mdescribed MasMa:
A. customer-focused Mstrategy.
B. cost-cutterMstrategy.
C. innovatorMstrategy.
D. differentiation Mstrategy.
2-1
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
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,DOWNLOAD THE Test Bank for Compensation 12th Edition Milkovich
M M M M M M M M
5. AMcompensation MsystemMfocusingMon Msystem McontrolMand Mwork MspecificationsMisMmost Mclosely Massociate
d Mwith Ma(n)M strategy.
A. innovator
B. customer-focused
C. cost-cutter
D. differentiated
6. AllMof MtheMfollowingMEXCEPTM areMcompensation MsystemsMassociated Mwith Ma Mcost-cutterMstrategy.
A. focusMon Mcompetitor'sMlaborMcosts
B. focusMon Msystem McontrolMand Mwork Mspecifications
C. increaseMin MvariableMpay
D. customerMsatisfaction Mincentives
7. In MtheMformulaMpredictingMperformance,MtheMcomponent Mmost Mclosely Mrelated MtoMcompensation MisM.
A.MA
B.MM
C.MO
D.MC
8. WholeMFoods'Mshared-
fateMphilosophy Mof MlimitingMexecutive MsalariesMto Mno MmoreMthan M19 MtimesMtheMaverageMpay Mof Mfull-
timeMemployeesMisMan MexampleMof Mwhich MstrategicMpay Mdecision?
A. ExternalMcompetitiveness
B. EmployeeMcontributions
C. CorporateMresponsibility
D. InternalMalignment
9. ComparisonsMon MtheMformsMofMcompensation MusedMby MotherMcompaniesMareMpart MofM.
A. internalMalignment
B. externalMcompetitiveness
C. employeeMcontributions
D. corporateMresponsibility
2-2
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Compensation 12th Edition Milkovich
M M M M M M M M
10. TheMsecond Mstep Mof MdevelopingMa MtotalMcompensation Mstrategy MisMto:
A. implement MtheMstrategy.
B. assessMtotalMcompensation Mimplications.
C. estimateMtheMcost Mof MtheMstrategy.
D. map MtheMstrategy.
11. Which Mof MtheMfollowingMisMtheMcorrect MorderMof MtheMstepsMin MformulatingMa MtotalMcompensation Mstrategy?
A. AssessMtheMstrategy,Mimplement MtheMstrategy,Mmap MtheMstrategy,Mand MreassessMtheMstrategy.
B. AssessMtheMstrategy,Mmap MtheMstrategy,Mimplement MtheMstrategy,Mand MreassessMtheMstrategy.
C. Map MtheMstrategy,Mimplement MtheMstrategy,MassessMtheMstrategy,Mand MreassessMtheMstrategy.
D. Map MtheMstrategy,MassessMtheMstrategy,Mimplement MtheMstrategy,Mand MreassessMtheMstrategy.
12. Based Mon MtheMopinionsMofM10,000 MU.S.Mworkers,MHudson Mfound Mthat Mwhen Mgiven MtheirMch
oiceMof MunconventionalMbenefits,Mmost MemployeesMwould Mselect M .
A. moreMsupplementalMinsurance
B. moreMjob Mtraining
C. a MmoreMflexibleMwork Mschedule
D. moreMpersonalMdaysMand Mfamily Mleave
13. AccordingMto MtheMHudson Msurvey,M
isMtheMsingleMthingMthat Mwould MmakeM41 Mpercent Mof MtheMU.S.Mw
orkersMhappier.
A. moreMpersonalMdays
B. flexibleMwork Mschedule
C. moreMmoney
D. betterMhealth Minsurance
14. Which Mof MtheMfollowingMstatementsMregardingMallowingMemployeesMa MchoiceMin MtheirMpay Mmix MisMNOTMtrue?
A. AllowingMemployeesMtheirMchoiceMisMdifficult Mto Mmanage
B. AllowingMemployeesMtheirMchoiceMisMeasy MforMcompetitorMcompaniesMto Mimitate
C. ProvidingMunlimited MchoicesMforMemployeesMto MchooseMfrom MisMdifficult Mto Mdesign
D. ProvidingMtoo Mmany MchoicesMcan MconfuseMpeople
2-3
CopyrightM©M2017 MMcGraw-
HillMEducation.MAllMrightsMreserved.MNoMreproduction Mor Mdistribution MwithoutMtheMprior Mwritten MconsentMof M McGraw-
HillMEducation.
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