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Test Bank for Strategic Compensation, 2nd Canadian Edition by Martocchio, Samhaber

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Test Bank for Strategic Compensation, 2nd Canadian Edition by Martocchio, Samhaber

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Test Bank for Strategic Compensation,
2nd Canadian Edition by Martocchio,
Samhaber
M
ED
ST
U
D
Y

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Chapter 1 Strategic Compensation: A Component of Human Resources Management

Multiple Choice Questions

1) refers to the design and implementation of compensation systems to
reinforce the objectives of both HRM strategies and competitive business strategies.
A) Extrinsic compensation
B) Strategic compensation
C) Strategic analysis
D) Intrinsic
compensation Answer:
B
M
Difficulty:
Moderate Skill:
Concept
ED
LO: 1.1: Define strategic compensation.

2) refers to multiple HRM practices to reinforce competitive business strategy.
A) Human resources management industry practices
B) Human resources management legislation
C) Human resources management strategies
ST
D) Human resourcesmanagement
theories Answer: C
Difficulty:
Moderate Skill:
Concept
U
LO: 1.1: Define strategic compensation.

3) Which of the following describes a human resources management or compensation
D
strategic business partner?
A) An HRM practitioner that works within the relevant HRM legislation.
B) An HRM practitioner that works within the relevant HRM best practices.
Y
C) An HRM practitioner that works within the relevant organizational strategies.
D) An HRM practitioner is not a strategic business
partner. Answer: C
Difficulty:
Moderate Skill:
Concept
LO: 1.1: Define strategic compensation.
4) Protection or benefits programs are what type of compensation benefits?
A) external
B) non-monetary rewards
C) internal
D) monetary
Answer: B

,MEDSTUDY.COM



Difficulty:
Moderate Skill:
ConceptM
ED
ST
U
D
Y

, MEDSTUDY.COM


LO: 1.1: Define strategic compensation.

5) Government sponsored benefits .
A) are not applicable in all provinces and territories
B) only applies to government employees
C) are a form of taxation
D) are a form of social
insurance Answer: D
Difficulty:
Moderate Skill:
Concept
LO: 1.1: Define strategic compensation.

6) Job analysis is .
M
A) an elective process for gathering, documenting, and analyzing information in
order to describe jobs.
B) is a systematic process for gathering, documenting, and analyzing information in
ED
order to describe jobs.
C) is a systematic process for gathering and analyzing information in order to pay jobs.
D) is a systematic process for analyzing information in order to describe
jobs. Answer: B
Difficulty:
Moderate Skill:
ST
Concept
LO: 1.1: Define strategic compensation.


7) Which of the following is an example of a core compensation?
U
A) medical insurance
B) vacations
C) day care assistance
D
D) monetary
compensation Answer: D
Difficulty: Easy
Y
Skill: Concept
LO: 1.1: Define strategic compensation.

8) This concept describes an organization's success when the organization acquires or
develops capabilities that facilitate outperforming the competition.
A) differentiation
B) capital
C) compensation practices
D) competitive
advantage Answer: D
Difficulty: Easy
Skill: Concept
LO: 1.1: Define strategic compensation.

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