WGU C236 Compensation and Benefits Exam 85
Questions with Verified Answers
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
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
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
Questions with Verified Answers
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
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
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
