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WGU C236 COMPENSATION AND BENEFITS
EXAM |COMPREHENSIVE Q&A FOR
GUARANTEED PASS
Business Strategy - correct-answer-The collection of decision, approaches, and
activities that allow an organization to complete and win.
Anchored Rating Scale - correct-answer-Use examples and/or definitions for each
point value on the scale.
Variable Distance Scale - correct-answer-Uses different point distances between
each level in the scale.
Factor Weighting - correct-answer-The process of deciding how important
compensable factors are to the organization
Face validity - correct-answer-The extent to which the system produces relative
job values that appear to be accurate and creible.
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Labor-driven job Market - correct-answer-When the demand for a particular set
of KSA's is high and the supply of these KSA's is low.
Product and Services Market - correct-answer-Organizations compete to create
value through the production of goods or the provision of services for customers
in exchange for money and loyalty
Benchmark competitors - correct-answer-A selection of primary organizations
that exemplify the labor and product/service markets in which the organization
competes.
External Reward Positioning - correct-answer-How an organization's rewards
compare to the Rewards offered for comparable work in other organizations.
Central Tendency - correct-answer-Describes what's typical for a set of data,
usually measured by the arithmetic mean, median, or mode.
Outliers - correct-answer-Numbers that are far above or below most of the other
numbers.
WGU C236 COMPENSATION AND BENEFITS
EXAM |COMPREHENSIVE Q&A FOR
GUARANTEED PASS
Business Strategy - correct-answer-The collection of decision, approaches, and
activities that allow an organization to complete and win.
Anchored Rating Scale - correct-answer-Use examples and/or definitions for each
point value on the scale.
Variable Distance Scale - correct-answer-Uses different point distances between
each level in the scale.
Factor Weighting - correct-answer-The process of deciding how important
compensable factors are to the organization
Face validity - correct-answer-The extent to which the system produces relative
job values that appear to be accurate and creible.
, 2|Page
Labor-driven job Market - correct-answer-When the demand for a particular set
of KSA's is high and the supply of these KSA's is low.
Product and Services Market - correct-answer-Organizations compete to create
value through the production of goods or the provision of services for customers
in exchange for money and loyalty
Benchmark competitors - correct-answer-A selection of primary organizations
that exemplify the labor and product/service markets in which the organization
competes.
External Reward Positioning - correct-answer-How an organization's rewards
compare to the Rewards offered for comparable work in other organizations.
Central Tendency - correct-answer-Describes what's typical for a set of data,
usually measured by the arithmetic mean, median, or mode.
Outliers - correct-answer-Numbers that are far above or below most of the other
numbers.
