TEST BANK FOR
#z #z
Strategic #zCompensation: #zA #zHuman #zResources #zManagement #zApproach, #zSecond #z
#zEdition
Chapter #z1 #zStrategic #zCompensation: #zA #zComponent #zof #zHuman #zResources #zManagement
Multiple #zChoice #zQuestions
1) refers #zto #zthe #zdesign #zand #zimplementation #zof #zcompensation #zsystems #zto
#zreinforce #zthe #zobjectives #zof #zboth #zHRM #zstrategies #zand #zcompetitive #zbusiness #zstrategies.
A) Extrinsic #zcompensation
B) Strategic #zcompensation
C) Strategic #zanalysis
D) Intrinsic #zcompensation
#zAnswer: # z B
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
2) refers #zto #zmultiple #zHRM #zpractices #zto #zreinforce #zcompetitive #zbusiness #zstrategy.
A) Human #zresources #zmanagement #zindustry #zpractices
B) Human #zresources #zmanagement #zlegislation
C) Human #zresources #zmanagement #zstrategies
D) Human #zresources #zmanagement
#ztheories #zAnswer: # z C
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
3) Which #zof #zthe #zfollowing #zdescribes #za #zhuman #zresources #zmanagement #zor #zcompensation
#zstrategic #zbusiness #zpartner?
A) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zHRM #zlegislation.
B) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zHRM #zbest #zpractices.
C) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zorganizational #zstrategies.
D) An #zHRM #zpractitioner #zis #znot #za #zstrategic #zbusiness
#zpartner. #zAnswer: # z C
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
4) Protection #zor #zbenefits #zprograms #zare #zwhat #ztype #zof #zcompensation #zbenefits?
A) external
B) non-monetary #zrewards
C) internal
D) monetary
#zAnswer: #zB
#zDifficulty:
#zModerate #zSkill:
, Concept
# z
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 .
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 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: Concept
LO: 1.1: Define strategic compensation.
7) Which of the following is an example of a core compensation?
A) medical insurance
B) vacations
C) day care assistance
D) monetary compensation
Answer: D
Difficulty: Easy
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.
,9) Which #zof #zthe #zfollowing #zrefers #zto #zthe #zplanned #zuse #zof #zorganizational #zresources-financial
#zcapital, #zequipment #zcapital, #zand #zhuman #zcapital #zto #zpromote #zand #zsustain #zcompetitive
#zadvantage?
A) strategic #zanalysis
B) comparative #zanalysis
C) 360 #zdegree #zanalysis
D) competitive #zbusiness
#zstrategy #zAnswer: # z D
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
10) Which #zof #zfollowing #zenables #zorganizations #zto #zgenerate #zincome, #zhigher #zorganization
#zstock #zprices, #zeconomic #zvalue, #zstrong #zpositive #zbrand #zidentity, #zand #zreputation?
A) capital
B) assets
C) competency
D) human #zcapital
#zAnswer: #zA
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
11) As #za #zstrategic #zbusiness #zpartner, #zHRM #zand #zcompensation #zprofessionals #ztoday #zneed #zto
#zthink #zmost #zlike #zwhom?
A) vice #zpresident #zoperations
B) chief #zfinancial #zofficer #z(CFO)
C) chief #zexecutive #zofficer #z(CEO)
D) controller
#zAnswer: #zC
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
12) In #zGeneral #zElectric's #zhuman #zresource #zleadership #zprogram #z(HRLP), #zsuccessful
#zparticipants #zwill #zachieve #zwhich #zof #zthe #zfollowing?
A) gain #zan #zunderstanding #zof #zthe #zdepth #zof #zspecialization #zfor #zeach #z(HRM) #zfunction
B) gain #zan #zunderstanding #zof #zHRM #zcompetencies, #zglobal #zleadership #zskills, #zand #zbusiness #zacumen
C) gain #zan #zunderstanding #zof #zthe #zdepth #zof #zspecialization #zfor #zeach #zHRM #zfunction
D) gain #zan #zunderstanding #zof #zHRM #zfrom #za #zgeneralist's
#zperspective #zAnswer: # z B
Difficulty: # z Easy
Skill: # z Application #zof #zKnowledge
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
, 13) Cash #zand #zequipment #zsuch #zas #za #zlab #zequipment #zin #za #zresearch #zlab #zare #zexamples #zof
#zwhich #zof #zthe #zfollowing?
A) non-liquid #zassets
B) organizational #zstructure
C) capital
D) liquid #zassets
#zAnswer: #zC
#zDifficulty:
#zModerate
Skill: # z Application #zof #zKnowledge
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
14) Discerning #zthreats #zand #zopportunities #zis #zthe #zmain #zfocus #zof #zwhich #zactivity?
A) human #zresource #zplanning
B) environmental #zscanning
C) job #zevaluation
D) job #zanalysis
#zAnswer: #zB
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.3: # z Explain #zstrategic #zcompensation #zdecisions.
15) This #zterm #zsuggests #zthat #za #zloss #zis #zlikely#zfor #zthe #zorganization, #zand #zthat #zthe #zindividual
#zwill #zbe #zleft #zwith #zlittle #zcontrol.
A) reverse #zopportunity
B) negative #zequity
C) threat
D) foreclosure
#zAnswer: #zC
#zDifficulty:
#zEasy #zSkill:
# z Concept
LO: # z 1.3: #zExplain #zstrategic #zcompensation #zdecisions.
16) Which #zof #zthe #zfollowing #zcompetitive #zstrategies #zdoes #zApple #zComputer #zuse?
A) lowest-cost #zstrategy
B) differentiation #zstrategy
C) total #zquality#zmanagement #zstrategy
D) human #zcapital
#zstrategy #zAnswer: # z B
Difficulty: # z Moderate
Skill: # z Application #zof #zKnowledge
LO: # z 1.3: #zExplain #zstrategic #zcompensation #zdecisions.
17) IKEA #zsources #zits #zproducts #zto #zcountries #zwhere #zlabour #zis #zcheaper #zand #zprovides #za #zlow
#zlevel #zof #zservice. #zWhich #zof #zthe #zfollowing #zcompetitive #zstrategies #zdoes #zIKEA #zuse?
A) differentiation #zstrategy
B) high #zquality #zstrategy
C) brand #znotoriety
#z #z
Strategic #zCompensation: #zA #zHuman #zResources #zManagement #zApproach, #zSecond #z
#zEdition
Chapter #z1 #zStrategic #zCompensation: #zA #zComponent #zof #zHuman #zResources #zManagement
Multiple #zChoice #zQuestions
1) refers #zto #zthe #zdesign #zand #zimplementation #zof #zcompensation #zsystems #zto
#zreinforce #zthe #zobjectives #zof #zboth #zHRM #zstrategies #zand #zcompetitive #zbusiness #zstrategies.
A) Extrinsic #zcompensation
B) Strategic #zcompensation
C) Strategic #zanalysis
D) Intrinsic #zcompensation
#zAnswer: # z B
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
2) refers #zto #zmultiple #zHRM #zpractices #zto #zreinforce #zcompetitive #zbusiness #zstrategy.
A) Human #zresources #zmanagement #zindustry #zpractices
B) Human #zresources #zmanagement #zlegislation
C) Human #zresources #zmanagement #zstrategies
D) Human #zresources #zmanagement
#ztheories #zAnswer: # z C
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
3) Which #zof #zthe #zfollowing #zdescribes #za #zhuman #zresources #zmanagement #zor #zcompensation
#zstrategic #zbusiness #zpartner?
A) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zHRM #zlegislation.
B) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zHRM #zbest #zpractices.
C) An #zHRM #zpractitioner #zthat #zworks #zwithin #zthe #zrelevant #zorganizational #zstrategies.
D) An #zHRM #zpractitioner #zis #znot #za #zstrategic #zbusiness
#zpartner. #zAnswer: # z C
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
4) Protection #zor #zbenefits #zprograms #zare #zwhat #ztype #zof #zcompensation #zbenefits?
A) external
B) non-monetary #zrewards
C) internal
D) monetary
#zAnswer: #zB
#zDifficulty:
#zModerate #zSkill:
, Concept
# z
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 .
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 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: Concept
LO: 1.1: Define strategic compensation.
7) Which of the following is an example of a core compensation?
A) medical insurance
B) vacations
C) day care assistance
D) monetary compensation
Answer: D
Difficulty: Easy
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.
,9) Which #zof #zthe #zfollowing #zrefers #zto #zthe #zplanned #zuse #zof #zorganizational #zresources-financial
#zcapital, #zequipment #zcapital, #zand #zhuman #zcapital #zto #zpromote #zand #zsustain #zcompetitive
#zadvantage?
A) strategic #zanalysis
B) comparative #zanalysis
C) 360 #zdegree #zanalysis
D) competitive #zbusiness
#zstrategy #zAnswer: # z D
Difficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.1: #zDefine #zstrategic #zcompensation.
10) Which #zof #zfollowing #zenables #zorganizations #zto #zgenerate #zincome, #zhigher #zorganization
#zstock #zprices, #zeconomic #zvalue, #zstrong #zpositive #zbrand #zidentity, #zand #zreputation?
A) capital
B) assets
C) competency
D) human #zcapital
#zAnswer: #zA
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
11) As #za #zstrategic #zbusiness #zpartner, #zHRM #zand #zcompensation #zprofessionals #ztoday #zneed #zto
#zthink #zmost #zlike #zwhom?
A) vice #zpresident #zoperations
B) chief #zfinancial #zofficer #z(CFO)
C) chief #zexecutive #zofficer #z(CEO)
D) controller
#zAnswer: #zC
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
12) In #zGeneral #zElectric's #zhuman #zresource #zleadership #zprogram #z(HRLP), #zsuccessful
#zparticipants #zwill #zachieve #zwhich #zof #zthe #zfollowing?
A) gain #zan #zunderstanding #zof #zthe #zdepth #zof #zspecialization #zfor #zeach #z(HRM) #zfunction
B) gain #zan #zunderstanding #zof #zHRM #zcompetencies, #zglobal #zleadership #zskills, #zand #zbusiness #zacumen
C) gain #zan #zunderstanding #zof #zthe #zdepth #zof #zspecialization #zfor #zeach #zHRM #zfunction
D) gain #zan #zunderstanding #zof #zHRM #zfrom #za #zgeneralist's
#zperspective #zAnswer: # z B
Difficulty: # z Easy
Skill: # z Application #zof #zKnowledge
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
, 13) Cash #zand #zequipment #zsuch #zas #za #zlab #zequipment #zin #za #zresearch #zlab #zare #zexamples #zof
#zwhich #zof #zthe #zfollowing?
A) non-liquid #zassets
B) organizational #zstructure
C) capital
D) liquid #zassets
#zAnswer: #zC
#zDifficulty:
#zModerate
Skill: # z Application #zof #zKnowledge
LO: # z 1.2: #zSummarize #zthe #zrole #zof #zcompensation #zas #za #zstrategic #zbusiness #zpartner.
14) Discerning #zthreats #zand #zopportunities #zis #zthe #zmain #zfocus #zof #zwhich #zactivity?
A) human #zresource #zplanning
B) environmental #zscanning
C) job #zevaluation
D) job #zanalysis
#zAnswer: #zB
#zDifficulty:
#zModerate #zSkill:
# z Concept
LO: # z 1.3: # z Explain #zstrategic #zcompensation #zdecisions.
15) This #zterm #zsuggests #zthat #za #zloss #zis #zlikely#zfor #zthe #zorganization, #zand #zthat #zthe #zindividual
#zwill #zbe #zleft #zwith #zlittle #zcontrol.
A) reverse #zopportunity
B) negative #zequity
C) threat
D) foreclosure
#zAnswer: #zC
#zDifficulty:
#zEasy #zSkill:
# z Concept
LO: # z 1.3: #zExplain #zstrategic #zcompensation #zdecisions.
16) Which #zof #zthe #zfollowing #zcompetitive #zstrategies #zdoes #zApple #zComputer #zuse?
A) lowest-cost #zstrategy
B) differentiation #zstrategy
C) total #zquality#zmanagement #zstrategy
D) human #zcapital
#zstrategy #zAnswer: # z B
Difficulty: # z Moderate
Skill: # z Application #zof #zKnowledge
LO: # z 1.3: #zExplain #zstrategic #zcompensation #zdecisions.
17) IKEA #zsources #zits #zproducts #zto #zcountries #zwhere #zlabour #zis #zcheaper #zand #zprovides #za #zlow
#zlevel #zof #zservice. #zWhich #zof #zthe #zfollowing #zcompetitive #zstrategies #zdoes #zIKEA #zuse?
A) differentiation #zstrategy
B) high #zquality #zstrategy
C) brand #znotoriety
