WGU C236 OBJECTIVE ASSESSMENT EXAM LATEST 2024 ACTUAL QUESTIONS AND ANSWERS|GRADED A+

Business Strategy Correct answer The collection of decision, approaches, and activities that allow an organization to complete and win. Cost Leadership Strategy Correct answer Focusing business priories on providing a lower-cost product or service. Differentiation Strategy Correct answer Providing innovative, exceptional, and high quality products and/or services to customers. Niche-Focused Strategy Correct answer Targeting business priorities toward addressing a specific section of the market Hybrid Strategy Correct answer Employing a combination of cost-leadership, differentiation and niche-focused business strategies. Critical Success Factors Correct answer Capabilities, activities, customer perceptions and market positions that allow an organization to out-compete its rivals. Total rewards strategy Correct answer The combination of pay forms, plans, policies and practices that enable long-term organizational performance. Total Reward Content Strategy Correct answer Specifies the type, level and combination of rewards offered to employees. Reward Form Combinations Strategy Correct answer The reward forms offered (cash, benefits, etc.) and the way in which they relate to each other. Reward Level Strategy Correct answer How much is being offered? Absolute level Correct answer The reward can be defined. Relative Level Correct answer States the rewards strategy as greater than, equal to, or less than some labor market reference point. Centralized approach Correct answer Human Resources makes all the decisions Decentralized approach Correct answer Decisions are made by the employee's immediate supervisor or manager. Job Analysis Correct answer The process of systematically analyzing positions that result in completed work in organizations. Traditional interview method Correct answer The job analyst asks the job incumbent preset questions about the content, skills needed and time spent on activities in the job. Panel Interview Correct answer Multiple job incumbents (and sometime multiple job analysts) all meet together to analyze the job. Custom Questionnaires Correct answer A series of questions that job incumbents complete on their own. Generic Questionnaire Correct answer Purchased from a third party and use general questions to which incumbents respond using scaled ratings.