Question 1
pts
(TCO 1 and 5) ________ refers to the design and implementation of compensation
systems to reinforce the objectives of both HR strategies and competitive business
strategies.
Extrinsic compensation
Correct!
Strategic compensation
Strategic analysis
Intrinsic compensation
Textbook, p. 3 - 8
Question 2
pts
(TCO 1 and 5) In 2022, how old will Cary must be to receive full Social Security
benefits?
65
Correct!
67
57
62
,Textbook, p. 11
Question 3
pts
(TCO 1 and 5) As a strategic business partner, HR and compensation professionals
today need to think most like whom?
vice president of human resources
chief financial officer (CFO)
Correct!
chief executive officer (CEO)
comptroller
Textbook, p. 19
Question 4
pts
(TCOs 1 and 5) ________ is defined as an in-depth examination of the external and
internal environmental factors that are likely to have the greatest impact on the future of
the company.
market-competitive pay structure
competitive strategy
regression analysis
Correct!
, strategic analysis
Textbook, p. 26
Question 5
pts
(TCO 1 and 5) Companies pursuing a differentiation strategy are most likely to use
which pay level policy?
market match
Correct!
market lead
market lag
market
Textbook, p. 27
Question 6
pts
(TCO 1 and 5) Which of these actions would HR encourage in attempting to create a
lowest-cost competitive strategy?
an employee's long-term focus
unpredictable employee behavior
Correct!
high concern for the quantity of output
pts
(TCO 1 and 5) ________ refers to the design and implementation of compensation
systems to reinforce the objectives of both HR strategies and competitive business
strategies.
Extrinsic compensation
Correct!
Strategic compensation
Strategic analysis
Intrinsic compensation
Textbook, p. 3 - 8
Question 2
pts
(TCO 1 and 5) In 2022, how old will Cary must be to receive full Social Security
benefits?
65
Correct!
67
57
62
,Textbook, p. 11
Question 3
pts
(TCO 1 and 5) As a strategic business partner, HR and compensation professionals
today need to think most like whom?
vice president of human resources
chief financial officer (CFO)
Correct!
chief executive officer (CEO)
comptroller
Textbook, p. 19
Question 4
pts
(TCOs 1 and 5) ________ is defined as an in-depth examination of the external and
internal environmental factors that are likely to have the greatest impact on the future of
the company.
market-competitive pay structure
competitive strategy
regression analysis
Correct!
, strategic analysis
Textbook, p. 26
Question 5
pts
(TCO 1 and 5) Companies pursuing a differentiation strategy are most likely to use
which pay level policy?
market match
Correct!
market lead
market lag
market
Textbook, p. 27
Question 6
pts
(TCO 1 and 5) Which of these actions would HR encourage in attempting to create a
lowest-cost competitive strategy?
an employee's long-term focus
unpredictable employee behavior
Correct!
high concern for the quantity of output
