Test Bank for Strategic Compensation A Human Resource
Management Approach, 11th Edition Author: Joseph J.
Martocchio ALL Chapters 1-14 Covered A+ Study Guide
FULL TEST BANK!!!
1|Page
, Chapter 1 Strategic Compensation: A Component of Human Resource Systems
1) refers to the design and implementation of compensation systems to reinforce the
objectives of both HR strategies and competitive business strategies.
A) Extrinsic compensation
B) Strategic compensation
C) Strategic analysis
D) Intrinsic compensation
Answer: B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
2) Protection programs are what type of compensation benefits?
A) External
B) Non-monetary rewards
C) Internal
D) Monetary
Answer:
B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
3) Which of the following is NOT an example of a core compensation?
A) Medical insurance
B) End-of-year bonuses
C) Merit pay
D) Monetary compensation
Answer: A
Difficulty: Moderate Skill:
Concept
AACSB: Reflective Thinking
LO: 1.1: Define strategic compensation.
2
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4) Since the COVID-19 epidemic restrictions eased and allowed employees to return to
work, many companies have been offering higher pay increases. Approximately, how much
have pay increases been?
A) Less than 2%
B) 2% up to 2.9%
C) 3% up to 3.8%
D) 4% or more
Answer: D
Difficulty: Challenging Skill:
Concept
AACSB: Application of Knowledge LO:
1.1: Define strategic
compensation.
5) Employee benefits refer to .
A) salary and bonuses
B) monetary compensation
C) nonmonetary rewards
D) effective compensation practices
Answer: C
Difficulty: Easy Skill:
Concept
AACSB: Reflective Thinking
LO: 1.1: Define strategic compensation.
6) Which of the following is a specific tactical HR compensation decision?
A) Performance appraisal
B) Seniority pay
C) Recruitment
D) Training
Answer:
B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
7) compensation refers to the mental state of employees as a result of
their performance on the job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetary
Answer:
A
Difficulty: Moderate Skill:
Concept
AACSB: Reflective Thinking
3
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LO: 1.1: Define strategic compensation.
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Management Approach, 11th Edition Author: Joseph J.
Martocchio ALL Chapters 1-14 Covered A+ Study Guide
FULL TEST BANK!!!
1|Page
, Chapter 1 Strategic Compensation: A Component of Human Resource Systems
1) refers to the design and implementation of compensation systems to reinforce the
objectives of both HR strategies and competitive business strategies.
A) Extrinsic compensation
B) Strategic compensation
C) Strategic analysis
D) Intrinsic compensation
Answer: B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
2) Protection programs are what type of compensation benefits?
A) External
B) Non-monetary rewards
C) Internal
D) Monetary
Answer:
B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
3) Which of the following is NOT an example of a core compensation?
A) Medical insurance
B) End-of-year bonuses
C) Merit pay
D) Monetary compensation
Answer: A
Difficulty: Moderate Skill:
Concept
AACSB: Reflective Thinking
LO: 1.1: Define strategic compensation.
2
2|Page
, Stuvia.com - The Marketplace to Buy and Sell your Study
Material
4) Since the COVID-19 epidemic restrictions eased and allowed employees to return to
work, many companies have been offering higher pay increases. Approximately, how much
have pay increases been?
A) Less than 2%
B) 2% up to 2.9%
C) 3% up to 3.8%
D) 4% or more
Answer: D
Difficulty: Challenging Skill:
Concept
AACSB: Application of Knowledge LO:
1.1: Define strategic
compensation.
5) Employee benefits refer to .
A) salary and bonuses
B) monetary compensation
C) nonmonetary rewards
D) effective compensation practices
Answer: C
Difficulty: Easy Skill:
Concept
AACSB: Reflective Thinking
LO: 1.1: Define strategic compensation.
6) Which of the following is a specific tactical HR compensation decision?
A) Performance appraisal
B) Seniority pay
C) Recruitment
D) Training
Answer:
B
Difficulty: Moderate Skill:
Concept
AACSB: Analytical Thinking
LO: 1.1: Define strategic compensation.
7) compensation refers to the mental state of employees as a result of
their performance on the job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetary
Answer:
A
Difficulty: Moderate Skill:
Concept
AACSB: Reflective Thinking
3
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LO: 1.1: Define strategic compensation.
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