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BUS 409 Week 6 Quiz 5
•Question 1
Generalized work activities, organizational context, and work context are requirements under which O*NET category?
•Question 2
Which is the fundamental principle of internally consistent compensation systems?
•Question 3
Which type of organizations use classification plans most prevalently?
•Question 4
This is the systematic process for recognizing differences in the relative worth among a set of jobs and for establishing pay differentials accordingly.
•Question 5
These are the salient job characteristics that are the general basis for job evaluations and are used to establish relative pay rates.
•Question 6
This is a systematic process for gathering, documenting, and analyzing information in order to describe jobs.
•Question 7
Which source is generally able to provide the most extensive and detailed information about how job duties are performed?
•Question 8
Valid and reliable job evaluations result from which two conditions?
•Question 9
Which type of jobs provides reference points to judge against other jobs within a company?
•Question 10
Which of the following is one of the four "universal compensable factors"?
•Question 11
Narrowly defined jobs can create which type of problem?
•Question 12
Universal compensable factors are derived from which federal Act?
•Question 13
Which job evaluation method entails ordering jobs on the basis of extremes?
•Question 14
Which of the following type of job evaluation plans is used when the company chooses to assign job pay rates that are neither too low nor too high relative to the market?
•Question 15
These indicate the name of each job within a company's job structure.
•Question 16
This causes compensation survey data to become obsolete fairly quickly.
•Question 17
What does Quartile 3 represent?
•Question 18
Which process can companies use to make corrections for differences between their jobs and external benchmark jobs?
•Question 19
When using compensation survey data, statistical analyses are used to integrate this with the external market, in order to determine pay rates.
•Question 20
Companies pursuing a differentiation strategy are most likely to use which pay level policy?
•Question 21
In statistical analysis, which of the following is used to signify extreme observations?
•Question 22
Compensation professionals integrate the internal job structure with the external market pay rates identified through compensation surveys, and this integration reveals which of the following?
•Question 23
Market match policies are generally set to which quartile in the salary survey?
•Question 24
Compensation surveys are typically focused on which two factors?
•Question 25
These are used as reference points for setting pay levels.
•Question 26
Which of the following surveys are tools used by employers to determine the pay levels needed to recruit highly qualified employees?
•Question 27
How often is the Consumer Price Index calculated for the United States?
•Question 28
Which of the following are the two types of central tendency measures that are pertinent to compensation?
•Question 29
In which type of document do compensation professionals represent the selection and implementation of pay level and pay mix policies over a specified time period, usually one year?
•Question 30
Which of the following entails an examination of a company's external market context and internal factors?
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