Questions And Answers Latest Updates 2025/2026
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Capabilities, activities, customer perceptions and market positions that allow an organization to
out-compete its rivals. - CORRECT ANSWER-Critical Success Factors
The combination of pay forms, plans, policies and practices that enable long-term organizational
performance. - CORRECT ANSWER-Total rewards strategy
Specifies the type, level and combination of rewards offered to employees. - CORRECT
ANSWER-Total Reward Content Strategy
The reward forms offered (cash, benefits, etc.) and the way in which they relate to each other. -
CORRECT ANSWER-Reward Form Combinations Strategy
The collection of decision, approaches, and activities that allow an organization to complete and
win. - CORRECT ANSWER-Business Strategy
Focusing business priories on providing a lower-cost product or service. - CORRECT
ANSWER-Cost Leadership Strategy
Providing innovative, exceptional, and high quality products and/or services to customers. -
CORRECT ANSWER-Differentiation Strategy
Targeting business priorities toward addressing a specific section of the market - CORRECT
ANSWER-Niche-Focused Strategy
Employing a combination of cost-leadership, differentiation and niche-focused business
strategies. - CORRECT ANSWER-Hybrid Strategy
How much is being offered? - CORRECT ANSWER-Reward Level Strategy
The reward can be defined. - CORRECT ANSWER-Absolute level
States the rewards strategy as greater than, equal to, or less than some labor market reference
point. - CORRECT ANSWER-Relative Level
, Human Resources makes all the decisions - CORRECT ANSWER-Centralized approach
Decisions are made by the employee's immediate supervisor or manager. - CORRECT
ANSWER-Decentralized approach
The process of systematically analyzing positions that result in completed work in organizations.
- CORRECT ANSWER-Job Analysis
The job analyst asks the job incumbent preset questions about the content, skills needed and time
spent on activities in the job. - CORRECT ANSWER-Traditional interview method
Multiple job incumbents (and sometime multiple job analysts) all meet together to analyze the
job. - CORRECT ANSWER-Panel Interview
A series of questions that job incumbents complete on their own. - CORRECT ANSWER-
Custom Questionnaires
Purchased from a third party and use general questions to which incumbents respond using
scaled ratings. - CORRECT ANSWER-Generic Questionnaire
Online database created by the US DOL that provides an exhaustive listing of jobs and
occupations - CORRECT ANSWER-Occupational Information Network (O*NET)
Web site that hosts a continuous compensation and benefits survey that is based on data gathered
from individuals who visit its site. - CORRECT ANSWER-PayScale
Searchable database provides more occupation-level information about jobs and work in
organizations. - CORRECT ANSWER-Occupational Outlook Handbook
Process of systematically constructing jobs to make them functional, efficient and motivational. -
CORRECT ANSWER-Job Design
The name by which the job is known within the company. - CORRECT ANSWER-Job Title
A letter and/or numeric code used to reference the job, often in databases. - CORRECT
ANSWER-Reference ID
Grouping of jobs that have similar functions or content. - CORRECT ANSWER-Job Family
Translates the tasks, duties and responsibilities (TDR's) into the knowledge, skills, abilities and
other (KSAO's) that an employee needs to perform the job at a satisfactory level. - CORRECT
ANSWER-Job specification
Internal reward alignment assumes that organizations provide rewards based upon the job that a
person holds. - CORRECT ANSWER-Job-based Approach