Question 1

Which of the following is not a component of human capital?

Accepted Answer

A)   Seniority level
B)   Experience
C)   Knowledge
D)   EducationE) B) and C)
F) A) and C)

Question 2

A problem faced by some organizations using an egalitarian pay structure is _____.

Accepted Answer

A)   difficulty in external recruitment
B)   maintaining cooperation among employees
C)   perception of excessive CEO pay
D)   difficulty in team workE) B) and D)
F) B) and C)

Question 3

Which of the following pay structure procedures would not increase perceptions of pay fairness?

Accepted Answer

A)   Consistency across all employees
B)   Use of accurate data
C)   Consultants develop the pay structure
D)   Including appeals proceduresE) C) and D)
F) A) and D)

Question 4

When employees compare the fairness of their pay,they focus primarily on how their job compares with similar jobs in other organizations.

Accepted Answer

A) True 
 B)False

Question 5

Organizations in a turbulent and unpredictable environment requiring flexibility in jobs and work processes are likely to be more successful with a(n) _____ internal pay structure.

Accepted Answer

A)   egalitarian
B)   bureaucratic
C)   loosely coupled
D)   closely tailoredE) All of the above
F) B) and C) C

Question 6

The modern concept of a "living wage" is most similar to _____.

Accepted Answer

A)   marginal productivity wage
B)   exchange value
C)   just wage doctrine
D)   bourseE) A) and B)
F) B) and C)

Question 7

Which of the following are related to greater performance when the work flow depends on individual contributors?

Accepted Answer

A)   Egalitarian
B)   Hierarchical
C)   Tournament
D)   InstitutionalE) A) and B)
F) A) and C)

Question 8

Which of the following is not part of the description of a pay structure?

Accepted Answer

A)   Pay differentials
B)   Criteria determining pay differences
C)   Performance pay
D)   Number of levelsE) A) and B)
F) A) and C)

Question 9

Write a short note pay structure.

Accepted Answer

Pay structure refers to the array of pay...

Question 10

The most common bases for determining internal structures are:

Accepted Answer

A)   work content and its value
B)   seniority and experience
C)   use value and exchange value
D)   pay surveys and job evaluationE) B) and C)
F) A) and D)

Question 11

Which of the following concepts best explains why newly hired workers may be paid more than longer tenure workers performing very similar work?

Accepted Answer

A)   Marginal revenue product
B)   Supply and demand
C)   Exchange value
D)   Internal labor marketE) A) and D)
F) All of the above

Question 12

Teachers whose pay is relatively low in their pay structure will feel their pay structure is fair if they work in a high-paying district.

Accepted Answer

A) True 
 B)False

Question 13

Common bases for modern pay structures include all but which of the following?

Accepted Answer

A)   Content of the work
B)   Skills and knowledge required to perform the work
C)   Seniority and experience
D)   Relative value for achieving organizational objectivesE) A) and D)
F) B) and C)

Question 14

Pay structures with more levels,though relatively small pay differences between levels,offer a sense of career progress.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not a comparison employees use to judge the fairness of their organization's pay structure?

Accepted Answer

A)   Comparing jobs similar to their own
B)   Comparing their pay to external pay levels
C)   Comparing their pay raises to others in their organization
D)   Comparing their job's pay to other jobs in their organizationE) None of the above
F) All of the above C

Question 16

Equity theory research shows that an egalitarian pay structure will be seen as more fair than a hierarchical structure.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is not one of the changes in organization design that may affect pay structures?

Accepted Answer

A)   Outsourcing
B)   Dual careers
C)   Delayering
D)   Temporary workersE) A) and B)
F) None of the above B

Question 18

State the theory of marginal productivity.

Accepted Answer

The theory of marginal productivity says...

Question 19

There is little evidence that adding additional levels and titles to a career path but without significant pay increases,motivate employees.

Accepted Answer

A) True 
 B)False

Question 20

Content refers to the

Accepted Answer

A)   worth of the work.
B)   work performed in a job and how it gets done.
C)   relative contribution to the organization objectives.
D)   different pay level policies.E) All of the above
F) C) and D)

Exam 3: Defining Internal Alignment

Which of the following is not a component of human capital?

Correct AnswerverifiedShow Answer

A problem faced by some organizations using an egalitarian pay structure is _____.

Correct AnswerverifiedShow Answer

Which of the following pay structure procedures would not increase perceptions of pay fairness?

Correct AnswerverifiedShow Answer

When employees compare the fairness of their pay,they focus primarily on how their job compares with similar jobs in other organizations.

Correct AnswerverifiedShow Answer

Organizations in a turbulent and unpredictable environment requiring flexibility in jobs and work processes are likely to be more successful with a(n) _____ internal pay structure.

Correct AnswerverifiedC

The modern concept of a "living wage" is most similar to _____.

Correct AnswerverifiedShow Answer

Which of the following are related to greater performance when the work flow depends on individual contributors?

Correct AnswerverifiedShow Answer

Which of the following is not part of the description of a pay structure?

Correct AnswerverifiedShow Answer

Write a short note pay structure.

Correct AnswerverifiedPay structure refers to the array of pay...View AnswerShow Answer

The most common bases for determining internal structures are:

Correct AnswerverifiedShow Answer

Which of the following concepts best explains why newly hired workers may be paid more than longer tenure workers performing very similar work?

Correct AnswerverifiedShow Answer

Teachers whose pay is relatively low in their pay structure will feel their pay structure is fair if they work in a high-paying district.

Correct AnswerverifiedShow Answer

Common bases for modern pay structures include all but which of the following?

Correct AnswerverifiedShow Answer

Pay structures with more levels,though relatively small pay differences between levels,offer a sense of career progress.

Correct AnswerverifiedShow Answer

Which of the following is not a comparison employees use to judge the fairness of their organization's pay structure?

Correct AnswerverifiedC

Equity theory research shows that an egalitarian pay structure will be seen as more fair than a hierarchical structure.

Correct AnswerverifiedShow Answer

Which of the following is not one of the changes in organization design that may affect pay structures?

Correct AnswerverifiedB

State the theory of marginal productivity.

Correct AnswerverifiedThe theory of marginal productivity says...View AnswerShow Answer

There is little evidence that adding additional levels and titles to a career path but without significant pay increases,motivate employees.

Correct AnswerverifiedShow Answer

Content refers to the

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
C

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Pay structure refers to the array of pay...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
C

Correct Answer
verified

Correct Answer
verified
B

Correct Answer
verified
The theory of marginal productivity says...
View Answer

Correct Answer
verified

Correct Answer
verified