Business c236 - Study guides, Class notes & Summaries

WGU C236 COMPENSATION AND BENEFITS QUESTIONS AND CORRECT ANSWERS 2024/2025 GRADED A+. 2 / 5 1. Business Strategy: The collection of decision, approaches, and activities thatallow an organization to complete and win. 2. CostLeadership Strategy: Focusing business priories on providing a lower-costproduct or service. 3. Differentiation Strategy: Providing innovative, exceptional, and high qualityproducts and/or services to customers. 4. Niche-Focused Strategy: Targeting business prioritie...

WGU C236 Compensation and Benefits Exam Questions with Correct Answers Business Strategy - Answer-The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - Answer-Focusing business priories on providing a lower- cost product or service. Differentiation Strategy - Answer-Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - Answer-Targeting business prior...

C236 The Scanlon plan has changed over the years. A central reason for these changes is th C236 The Scanlon plan has changed over the years. A central reason for these changes is the notion that employees can reduce labour input as a function of output by increasing other costs. a. True b. False The statement is True. Explanation The Scanlon Plan is a type of gainsharing program that was developed by Joseph Scanlon in the 1930s. The main idea behind the Scanlon Plan is to motivate employe...

WGU C236 Compensation and Benefits Exam Questions and Answers Business Strategy - Answer- The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - Answer- Focusing business priories on providing a lower- cost product or service. Differentiation Strategy - Answer- Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - Answer- Targeting business priorities t...

C236 WGU Exam Questions with Correct Answers Absolute Level - Answer-The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - Answer-Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Answer-Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Answer-Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Answer-Exi...

WGU C236 Compensation and Benefits questions well answered Absolute Level - correct answer The reward can be defined. Paying an employee $50,000 salary per year is an example. Administrative - correct answer Pertaining to the activities of running an organization or a business. Anchored Rating Scale - correct answer Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - correct answer Giving employees discretion in choosing what to do and how ...

WGU C236 Compensation and BenefitsAbsolute Level The reward can be defined. Paying an employee $50,000 salary per year, for example, is a defining absolute level. Administrative Pertaining to the activities of running an organization or a business. Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute Full screen Anchored Rating Scale Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy G...

WGU c236 Comp and Benefit Study Guide Questions and Answers 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 responsibi...

WGU c236 - Comp and Benefit Study GuideTotal Rewards - answers all forms of pay including cash benefits, tangible/intangible etc... what forms of pay are invoved in Total Reward for the Organization? - answers cash, benefits, intangiables. cash compensation - answers ____________ influences the employee in an organization HR Generalist impacts compensation by. - answers making the reward strategy and a business strategy line up. Compensation Manager's responsibility in the compensat...

WGU C236 Compensation and BenefitsBusiness Strategy - answer The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy - answer Focusing business priories on providing a lower-cost product or service. Differentiation Strategy - answer Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy - answer Targeting business priorities toward addressing a specific sect...