Question 1
3 out of 3 points
Correct
What is the typical annual Cost-of-living adjustments
(COLAs) in recent years?
Question 2
3 out of 3 points
Correct
Which of these actions would HR seek to encourage in
attempting to create a lowest-cost competitive strategy?
Question 3
3 out of 3 points
Correct
A company using this competitive strategy seeks to offer a
product or service that is completely unique from other competitors in their
market segment.
Question 4
3 out of 3 points
Correct
Which of these is a company sponsored program that provides
income to workers throughout their retirement?
Question 5
3 out of 3 points
Correct
These describe the terms of employment that are set between
management and union bargaining representatives.
Question 6
3 out of 3 points
Correct
These build upon pay grades, and include maximum, minimum,
and mid-point pay rates for jobs in particular pay grades.
Question 7
3 out of 3 points
Correct
This allows business professionals to determine where they
currently stand in the market based on both the external market context and
internal factors.
Question 8
3 out of 3 points
Correct
This law made it illegal to pay women less for performing
equal work as men.
Question 9
3 out of 3 points
Correct
Sandra’s position changed from supervisor at the planning
department to supervisor at the new projects department. In terms of career
development, which of the following is more applicable to Sandra’s situation?
Question 10
3 out of 3 points
Correct
What is the primary factor that will prevent companies from
growing in the next decade?
Question 11
3 out of 3 points
Correct
A company’s ability to sustain market share and profitability
for several years running is referred to by what term?
Question 12
3 out of 3 points
Correct
Jason works at a call center for an insurance company and he
has been answering calls regarding auto insurance. Recently, he started to
attend a training program about home insurance. Upon successful completion of
this training program, Jason will be able to handle home insurance questions
and queries as well. If this insurance company has a compensation policy that
rewards Jason’s completion of this training, then what type of pay system does
it employ?
Question 13
3 out of 3 points
Correct
What strategy describes the use of benefit and compensation
packages in order to support both HR and competitive strategies?
Question 14
3 out of 3 points
Correct
What type of pay system rewards employees for partially or
completely attaining a predetermined work objective?
Question 15
3 out of 3 points
Correct
Which of the following is NOT one of the three broad
categories that discretionary benefits fall into?
