All Chapters
n n
Answers Included
n n
StrategicnCompensation:nAnHumannResourcenManagementnApproach,n11en(Martocchio)n
Chaptern1 StrategicnCompensation:nAnComponentnof nHumannResourcenSystems
1) n refersn ton thendesignn andnimplementationn of n compensationn systemsn ton reinforcen then
objectivesn of n bothn HRn strategiesn and n competitiven businessn strategies.
A) Extrinsicn compensation
B) Strategicn compensation
C) Strategicn analysis
D) Intrinsicncompensation
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
2) Protectionn programsn aren what n typen of n compensationn benefits?
A) External
B) Non-monetaryn rewards
C) Internal
D) Monetary
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
3) Whichn of n then followingn isn NOTn ann examplen of n an coren compensation?
A) Medicaln insurance
B) End-of-yearn bonuses
C) Merit n pay
D) Monetaryncompensation
n Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
1
,4) Sincen then COVID-
19n epidemicn restrictionsn eased n and n allowed nemployeesn ton returnntonwork,n manyn companiesn haven
beenn offeringn highern payn increases.n Approximately,n how n muchn haven payn increasesn been?
A) Lessn thann 2%
B) 2%n upn ton 2.9%
C) 3%n upn ton 3.8%
D) 4%nornmoren
Answer:n D
Difficulty:n Challengingn S
kill:n Concept
AACSB:n Applicationn of n Knowledgen LO
:n 1.1:n Definen strategicn compensation.
5) Employeen benefitsn refern ton .
A) salaryn and n bonuses
B) monetaryn compensation
C) nonmonetaryn rewards
D) effectivencompensationnpracticesn
Answer:n C
Difficulty:n Easyn Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
6) Whichn of n then followingn isn an specificn tacticaln HRn compensationn decision?
A) Performancen appraisal
B) Seniorityn pay
C) Recruitment
D) Training
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
7) n compensationn refersn ton thenmentaln statenofn employeesn asn anresult nof ntheirnp
erformancen onn then job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetary
n Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
2
,8) Compensationn representsn bothn then intrinsicn and n extrinsicn rewardsnemployeesn receiven forn perfor
mingn theirn jobs.n Brieflyn describen bothn typesn ofnrewardsnandnindicaten then professionalsn whon aren res
ponsiblen forn managingn them.
Answer:n Intrinsicn compensationn reflectsn employees'n psychologicaln mind-
setsn that n result n fromn performingn theirn jobs.nExtrinsicn compensationn includesn bothn monetaryn and n no
nmonetaryn rewards.n Organizationaln development n professionalsn promoten intrinsicn compensationn th
roughn effectiven jobn design.n Compensationn professionalsn aren responsiblen forn extrinsicn compensatio
n.n Extrinsicn compensationn includesn bothn monetaryn and nnonmonetaryn rewards.nCompensationn profe
ssionalsn establishn monetaryn compensationn programsn ton reward n employeesn accordingn ton theirn jobn pe
rformancen levelsn orn forn learningn job-
related n knowledgen ornskills.n Nonmonetaryn rewardsnincludenprotectionn programsn (e.g.,n medicaln insu
rance),n paid n timen off n (e.g.,n vacations),n andnservicesn (e.g.,n dayn caren assistance).n Most n compensationn
professionalsn refern ton nonmonetaryn rewardsn asn employeen benefits.
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
9) Whichn of n followingn contributed n greatlyn ton then need n forn an strategicn approachn ton compensation?
A) Advancesn inn technology
B) Dramaticn increasesn inn CEO n compensation
C) Highern productivityn pern worker
D) Greaterninequalityninnwealthn
Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
10) Whichn of n then followingn shiftsninn workforcen compositionn makesn it nnecessaryn tonhavenan s
trategicn approachn ton compensationn issues?
A) Fewern employeesn aren earningn collegen degrees.
B) Moren womenn entered n then laborn forcen aftern then pandemic.
C) A n leadershipn gapn duen ton retiringn babyn boomers.
D) Most n youngern employeesn don not nhaventhen samen workn ethic.n
Answer:n C
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Applicationn of n Knowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
3
, 11) Inn GE'sn humann resourcen leadershipn programn (HRLP),n successfuln participantsn willn achieven
whichn of n then following?
A) Gainn ann understandingn of n then depthn of n specializationn forn eachn (HR)n function
B) Gainn ann understandingn of n HRn competencies,n globaln leadershipn skills,n and n businessn acumen
C) Gainn ann understandingn of n then widthn of n specializationn forn eachn HRn function
D) Gainn ann understandingn ofnHRn fromn an generalist'sn perspectiven
Answer:n B
Difficulty:n n Easy
Skill:n Applicationn of n Knowledgen AACS
B:n Applicationnof nKnowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
12) An massn spectrometern inn an researchn labn isn ann examplen of n whichn of n then following?
A) Humann capital
B) Financialn capital
C) Capitaln equipment
D) Performancenenhancers
n Answer:n C
Difficulty:n n Moderate
Skill:n Applicationn of n Knowledgen AACS
B:n Applicationnof nKnowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
13) Whichn of n then followingn toolsn canncompensationn professionalsn usen ton leveragen thenvaluen ofnh
umann capital?
A) Highern minimumn wages
B) Skill-based n payn programs
C) Compensationn based n onn lengthn of n employment
D) Employeenunionizationnsupport n
Answer:n B
Difficulty:n Challengingn S
kill:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
4
n n
Answers Included
n n
StrategicnCompensation:nAnHumannResourcenManagementnApproach,n11en(Martocchio)n
Chaptern1 StrategicnCompensation:nAnComponentnof nHumannResourcenSystems
1) n refersn ton thendesignn andnimplementationn of n compensationn systemsn ton reinforcen then
objectivesn of n bothn HRn strategiesn and n competitiven businessn strategies.
A) Extrinsicn compensation
B) Strategicn compensation
C) Strategicn analysis
D) Intrinsicncompensation
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
2) Protectionn programsn aren what n typen of n compensationn benefits?
A) External
B) Non-monetaryn rewards
C) Internal
D) Monetary
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
3) Whichn of n then followingn isn NOTn ann examplen of n an coren compensation?
A) Medicaln insurance
B) End-of-yearn bonuses
C) Merit n pay
D) Monetaryncompensation
n Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
1
,4) Sincen then COVID-
19n epidemicn restrictionsn eased n and n allowed nemployeesn ton returnntonwork,n manyn companiesn haven
beenn offeringn highern payn increases.n Approximately,n how n muchn haven payn increasesn been?
A) Lessn thann 2%
B) 2%n upn ton 2.9%
C) 3%n upn ton 3.8%
D) 4%nornmoren
Answer:n D
Difficulty:n Challengingn S
kill:n Concept
AACSB:n Applicationn of n Knowledgen LO
:n 1.1:n Definen strategicn compensation.
5) Employeen benefitsn refern ton .
A) salaryn and n bonuses
B) monetaryn compensation
C) nonmonetaryn rewards
D) effectivencompensationnpracticesn
Answer:n C
Difficulty:n Easyn Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
6) Whichn of n then followingn isn an specificn tacticaln HRn compensationn decision?
A) Performancen appraisal
B) Seniorityn pay
C) Recruitment
D) Training
n Answer:n B
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
7) n compensationn refersn ton thenmentaln statenofn employeesn asn anresult nof ntheirnp
erformancen onn then job.
A) Intrinsic
B) Extrinsic
C) Core
D) Monetary
n Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Reflectiven Thinking
LO:n n 1.1:n Definen strategicn compensation.
2
,8) Compensationn representsn bothn then intrinsicn and n extrinsicn rewardsnemployeesn receiven forn perfor
mingn theirn jobs.n Brieflyn describen bothn typesn ofnrewardsnandnindicaten then professionalsn whon aren res
ponsiblen forn managingn them.
Answer:n Intrinsicn compensationn reflectsn employees'n psychologicaln mind-
setsn that n result n fromn performingn theirn jobs.nExtrinsicn compensationn includesn bothn monetaryn and n no
nmonetaryn rewards.n Organizationaln development n professionalsn promoten intrinsicn compensationn th
roughn effectiven jobn design.n Compensationn professionalsn aren responsiblen forn extrinsicn compensatio
n.n Extrinsicn compensationn includesn bothn monetaryn and nnonmonetaryn rewards.nCompensationn profe
ssionalsn establishn monetaryn compensationn programsn ton reward n employeesn accordingn ton theirn jobn pe
rformancen levelsn orn forn learningn job-
related n knowledgen ornskills.n Nonmonetaryn rewardsnincludenprotectionn programsn (e.g.,n medicaln insu
rance),n paid n timen off n (e.g.,n vacations),n andnservicesn (e.g.,n dayn caren assistance).n Most n compensationn
professionalsn refern ton nonmonetaryn rewardsn asn employeen benefits.
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.1:n Definen strategicn compensation.
9) Whichn of n followingn contributed n greatlyn ton then need n forn an strategicn approachn ton compensation?
A) Advancesn inn technology
B) Dramaticn increasesn inn CEO n compensation
C) Highern productivityn pern worker
D) Greaterninequalityninnwealthn
Answer:n A
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
10) Whichn of n then followingn shiftsninn workforcen compositionn makesn it nnecessaryn tonhavenan s
trategicn approachn ton compensationn issues?
A) Fewern employeesn aren earningn collegen degrees.
B) Moren womenn entered n then laborn forcen aftern then pandemic.
C) A n leadershipn gapn duen ton retiringn babyn boomers.
D) Most n youngern employeesn don not nhaventhen samen workn ethic.n
Answer:n C
Difficulty:n Moderaten Skill
:n Concept
AACSB:n n Applicationn of n Knowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
3
, 11) Inn GE'sn humann resourcen leadershipn programn (HRLP),n successfuln participantsn willn achieven
whichn of n then following?
A) Gainn ann understandingn of n then depthn of n specializationn forn eachn (HR)n function
B) Gainn ann understandingn of n HRn competencies,n globaln leadershipn skills,n and n businessn acumen
C) Gainn ann understandingn of n then widthn of n specializationn forn eachn HRn function
D) Gainn ann understandingn ofnHRn fromn an generalist'sn perspectiven
Answer:n B
Difficulty:n n Easy
Skill:n Applicationn of n Knowledgen AACS
B:n Applicationnof nKnowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
12) An massn spectrometern inn an researchn labn isn ann examplen of n whichn of n then following?
A) Humann capital
B) Financialn capital
C) Capitaln equipment
D) Performancenenhancers
n Answer:n C
Difficulty:n n Moderate
Skill:n Applicationn of n Knowledgen AACS
B:n Applicationnof nKnowledge
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
13) Whichn of n then followingn toolsn canncompensationn professionalsn usen ton leveragen thenvaluen ofnh
umann capital?
A) Highern minimumn wages
B) Skill-based n payn programs
C) Compensationn based n onn lengthn of n employment
D) Employeenunionizationnsupport n
Answer:n B
Difficulty:n Challengingn S
kill:n Concept
AACSB:n n Analyticaln Thinking
LO:n n 1.2:n Summarizen then rolen of n compensationn asn an strategicn businessn partner.
4
