100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank for Strategic Compensation A Human Resources Management Approach Second Edition by Joseph J. Martocchio Carol Ann Samhaber A+$13.49
Add to cart
Test Bank for Strategic Compensation, 2nd Canadian Edition by Joseph J. Martocchio, Carol Ann Samhaber All Chapters ISBN: 9780135876039 Newest Version 2024
All for this textbook (2)
Written for
Strategic Compensation A Human Resources Managemen
All documents for this subject (2)
Seller
Follow
ASolution
Reviews received
Content preview
Created By: A Solution
Test Bank for Strategic Compensation A Human Resources
Management Approach Second Edition by Joseph J.
Martocchio Carol Ann Samhaber A+
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
Difficulty: Moderate Skill: Concept
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
D) Human resources management theories Answer: C
Difficulty: Moderate Skill: Concept
LO: 1.1: Define strategic compensation.
3) Which of the following describes a human resources management or compensation
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.
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
A+ Page 1
,Created By: A Solution
B) non-monetary rewards
C) internal
D) monetary Answer: B Difficulty: Moderate Skill: Concept
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.
A+ Page 2
,Created By: A Solution
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 of the following refers to the planned use of organizational resources-financial
capital, equipment capital, and human capital to promote and sustain competitive advantage?
A) strategic analysis
B) comparative analysis
C) 360 degree analysis
D) competitive business strategy Answer: D
Difficulty: Moderate Skill: Concept
LO: 1.1: Define strategic compensation.
10) Which of following enables organizations to generate income, higher organization stock
prices, economic value, strong positive brand identity, and reputation?
A) capital
B) assets
C) competency
D) human capital Answer: A Difficulty: Moderate Skill: Concept
LO: 1.2: Summarize the role of compensation as a strategic business partner.
11) As a strategic business partner, HRM and compensation professionals today need to think
most like whom?
A) vice president operations
B) chief financial officer (CFO)
C) chief executive officer (CEO)
D) controller Answer: C Difficulty: Moderate Skill: Concept
A+ Page 3
, Created By: A Solution
LO: 1.2: Summarize the role of compensation as a strategic business partner.
12) In General Electric's human resource leadership program (HRLP), successful participants
will achieve which of the following?
A) gain an understanding of the depth of specialization for each (HRM) function
B) gain an understanding of HRM competencies, global leadership skills, and business
acumen
C) gain an understanding of the depth of specialization for each HRM function
D) gain an understanding of HRM from a generalist's perspective Answer: B
Difficulty: Easy
Skill: Application of Knowledge
LO: 1.2: Summarize the role of compensation as a strategic business partner.
13) Cash and equipment such as a lab equipment in a research lab are examples of which of
the following?
A) non-liquid assets
B) organizational structure
C) capital
D) liquid assets Answer: C Difficulty: Moderate
Skill: Application of Knowledge
LO: 1.2: Summarize the role of compensation as a strategic business partner.
14) Discerning threats and opportunities is the main focus of which activity?
A) human resource planning
B) environmental scanning
C) job evaluation
D) job analysis Answer: B Difficulty: Moderate Skill: Concept
LO: 1.3: Explain strategic compensation decisions.
15) This term suggests that a loss is likely for the organization, and that the individual will be
left with little control.
A) reverse opportunity
B) negative equity
A+ Page 4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ASolution. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
