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10. (p. 43) A compensation system using market-based pay is most likely to be part of a _____ strategy. A.innovatorB. cost-cutterC. globalD. customer-focusedDifficulty: Medium 11. (p. 43) Flexible-generic job descriptions would most likely be used with a _____ strategy. Difficulty: Medium 12. (p. 43) _______ is to increasing variable pay as innovator is to market based pay. Difficulty: Difficult13. (p. 43) A compensation system focusing on system control and work specifications is most closely associated with _____ strategy. Difficulty: Easy14. (p. 43) All of the following except __________ are compensation systems associated with an innovator strategy.A.reward innovation in products and processesdownload full file at
download full file at B.market-based payC.flexible job descriptionsD.customer satisfaction incentivesDifficulty: Medium15 (p. 45) In the formula predicting performance, the component most closely related to compensation is ___________Difficulty: Medium16. (p. 47) Whole Foods’ policy of holding executive salaries to no more than 14 times average pay of full-time employees is an example of which strategic pay decision? Difficulty: Medium17. (p. 47) Decisions regarding what forms compensation should be are part of _____. Difficulty: Medium18. (p. 47) A book listing the previous year’s pay of all employees is part of Whole Foods “No-secrets” philosophy. This is an example of which strategic compensation choice? A. Internal alignmentB. External competitivenessC. Employee contributionsD.ManagementDifficulty: Mediumdownload full file at
download full file at 19. (p. 47) Whole Foods’ decision to seek and engage employees who are going to help the company make money is an example of which strategic pay decisions? Difficulty: Medium20. (p. 48) The second step of developing a total compensation strategy is to: Difficulty: Medium