THE BMZ ACADEMY
@061 262 1185/068 053 8213
BMZ ACADEMY 061 262 1185/068 053 8213
, THE BMZ ACADEMY
Question 1
Question text
The pay ratio refers to the ratio between the median salary and the lowest salary and
can be calculated by dividing the median salary by the lowest salary.
Select one:
True
False
Question 2
Question text
You just purchased a battery inverter from a door-to-door salesperson. The company
the salesperson works for most likely remunerates the employee using
______________.
Select one:
commission-based pay
BMZ ACADEMY 061 262 1185/068 053 8213Page 2 of 16
, THE BMZ ACADEMY
group-based incentive plans.
performance-based stock options.
profit-sharing incentives.
Question 3
Question text
Which type of pay-for-performance plan entitles employees to a bonus payment when
the company's profits exceed a specific threshold?
Select one:
Individual bonus plan.
Employee-stock-option
Profit sharing plan.
Merit pay plan.
Question 4
Question text
BMZ ACADEMY 061 262 1185/068 053 8213Page 3 of 16
, THE BMZ ACADEMY
Refer to the figure below and answer the question.
The above diagram illustrates the concept of labour market dynamics and external
competitiveness within strategic remuneration evaluation. Which combination
accurately represents these concepts?
Select one:
regression and product market
supply and demand and product market
consolidation and product market
supply and demand and the labour market
Question 5
Question text
Joe works in a call center in Durban, where his daily job is to answer an average
of 60 calls per day, and he is paid at a fixed rate for his work. However, if Joe manages
to answer 80 calls daily, he receives an additional 20% pay for that month. What type
of PFP is used in this case?
Select one:
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