WGU C236 Objective Assessment Exam-with 100% verified solutions

Total Rewards ANSWER all forms of pay including cash benefits, tangiable/intangiable etc... what forms of pay are invoved in Total Reward for the Organization? ANSWER cash, benefits, intangiables. cash compensation ANSWER ____________ influences the employee in an organization HR Generalist impacts compensation by. ANSWER making the reward strategy and a business strategy line up. Compensation Manager's responsibility in the compensation plan? ANSWER improve compensation systems and beter enable the organization to meet goals. What are the forms of pay and compensation? Define Each? ANSWER cash compensation - 1. monetery pay exchanged for work base pay (hourly or salary) 2.. variable pay- bonus or commission Intangiable rewards ANSWER meaningful work, positive relationships, work location The outcomes of a ___________________ represent the goals or the criteria by which a rewards system can be judged? ANSWER total rewards system _______________ comprises the joint or collective actions of groups of employees ? ANSWER Team Performance An objective of a total rewards system is to ___________________ ANSWER sustain quality performance in each area over time Define the concept of Organiztaional Citizenship Behaviors (OCB) ANSWER value creating activities in which employees engage but its not part of their job. Explain Organizational Performance. ANSWER effectiveness at meeting needs, new product, gains in parket, shares, financial gain. How are Cost and Efficiency related to the outcomes of the rewards System ANSWER the cost of the rewards system is a large expense that is a huge investment for human capital. Which of the following does organiztainal performance not include? ANSWER Developing employees Which of the following laws relates to total rewards? ANSWER Civil Rights Laws Which of the following is not considered a guide to fairness in total rewards? ANSWER Extreme Business Strategy ANSWER the collection of decisions, approaches, and activities that allow an organization to compete and win. What does a Cost Leadership Strategy emphasize? ANSWER focuses business priorities on having a lower cost product or service as a high priority. differentiation strategy? ANSWER high priority is placed on providing innovative, exceptional, and high-quality products to customers. Niche-Focused Strategy ANSWER company uses a small segmented market and competes only in that arena. Hybrid Strategy ANSWER has cost-differentiation, and niche-focused approach to business. (takes a multi-faceted focus) critical success factors and how an organization can use the process ANSWER capabilities, activities, customer perceptions, market positions that allow an organization to outcompete rivals. Human Resource Strategy? ANSWER policies, practices, systems that manage the interface between c