Since the economic recession (2007-2009) ended, fewer companies have offered pay increases and, those that do, are offering lower amounts. Approximately, how much have pay increases been?
A) less than 2 percent
B) 2 percent up to 2.9 percent
C) 3 percent up to 3.9 percent
D) 4 percent or more
Question 2________ compensation refers to the mental state of employees as a result of their performance on the job.
FIll in the blank with correct word.
Question 3Which of the following refers to the planned use of company resources-financial capital, equipment capital, and human capital-to promote and sustain competitive advantage?
A) strategic analysis
B) comparative analysis
C) 360 degree analysis
D) competitive business strategy
Question 4This concept describes a company's success when the company acquires or develops capabilities that facilitate outperforming the competition.
A) differentiation
B) capital
C) compensation practices
D) competitive advantage
Question 5Protection programs are what type of compensation benefits?
A) external
B) non-monetary
C) internal
D) monetary
Question 6________ refers to the design and implementation of compensation systems to reinforce the objectives of both HR strategies and competitive business strategies.
A) Extrinsic compensation
B) Strategic compensation
C) Strategic analysis
D) Intrinsic compensation
Question 7Which of the following is true of distributive bargaining?
a. Each party gains an equal amount or an amount in proportion to its contribution.
b. Both parties aim at maximizing self-interest and grab the largest share of a resource.
c. The parties view each other as collaborators and seek mutually beneficial options.
d. Both parties consider past and future negotiations as well as the current negotiation.
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