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Exam (elaborations)

MIE 330 Test 1 Connect Questions With Complete Solutions

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MIE 330 Test 1 Connect Questions With Complete Solutions

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MIE 330 Test 1 Connect Questions With Complete Solutions

____ is a mathematical expression that describes the relationship
between a job's pay and its job evaluation points

A. range spread
B. compa-ratio
C. rate range
D. pay policy line
E. pay grade Correct Answers D

(The pay policy line is a mathematical expression that describes
the relationship between a job's pay and its job evaluation
points. Organizations develop a market pay policy line based on
the key jobs (for which there are both job evaluation and market
pay survey data available). This line can be generated using the
statistical procedure regression analysis)

_____ is a public policy that focuses primarily on advocating
remedies for any undervaluation of women's jobs

A. equal opportunity
B. glass ceiling
C. efficiency wage
D. comparable worth
E. minimum wage Correct Answers D

(Comparable worth aka pay equity is a public policy that
advocates remedies for any undervaluation of women's jobs. The
idea is to obtain equal pay, not just for jobs of equal content

,(already mandated by the Equal Pay Act) but for jobs of equal
value or worth, on the basis of Title VII of the Civil Rights Act)

_____ refers to the relative pay of different jobs and how much
they are paid

A. pay grade
B. pay structure
C. efficiency wage
D. benchmark
E. job evaluation Correct Answers B

(salary-level decisions can be broken into two areas: pay
structure and individual pay. Pay structure refers to the relative
pay of different jobs (job structure) and how much they are paid
(pay level)

_______ refers to a systematic planned strategic effort by a
company to attract, retain, develop, and motivate highly skilled
employees and managers

A. performance appraisal
B. workforce analytics
C. talent management
D. training and development
E. employee engagement Correct Answers C

________ is a process that primarily addresses the competitive
challenges an organization faces

A. operational management

, B. transactional management
C. management by objectives
D. process mapping
E. strategic management Correct Answers E

__________ refers to the policies, practices, and systems that
influence employees' behavior, attitudes, and performance

A. total quality management
B. financial management
C. human resource management
D. production and operations management
E. competency management Correct Answers C

A ___________ typically charts how a firm will create value for
customers and how it will do so profitably

A. design specification
B. business model
C. job characteristics model
D. administrative linkage
E. process architecture Correct Answers B

A company where employees are in a constant state of
assimilating knowledge through monitoring the enviro, making
decisions, and flexibly restructuring the company to compete in
that enviro is known as a ________ organization

A. legacy
B. learning
C. downsized

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