Difficulty: Medium Milkovich - Chapter 02 #50 51. How an organization positions its total compensation against competitors is part of (p. 42) external competitiveness strategic choices. TRUE Difficulty: Easy Milkovich - Chapter 02 #51 52. One of Whole Foods' employee contributions strategic compensation choices is to (p. 42) seek and engage employees who are going to help the company make money. FALSE Difficulty: Medium Milkovich - Chapter 02 #52 53. What business should a company be in and how does the company win are questions (p. 44) that are a part of mapping a total compensation strategy. FALSE Difficulty: Medium Milkovich - Chapter 02 #53 54. The fourth step of formulating a total compensation strategy is to reassess. (p. 43) TRUE Difficulty: Easy Milkovich - Chapter 02 #54 55. Useful compensation comparisons across countries may be done by focusing on (p. 44) hourly wages and productivity. FALSE Difficulty: Medium Milkovich - Chapter 02 #55 56. International compensation comparisons are challenging because retirement and (p. 44) health care programs, paid holidays and length of work week varies across countries. TRUE Difficulty: Easy Milkovich - Chapter 02 #56 57. Compensation strategy should reflect the organization's values. (p. 45) TRUE Difficulty: Easy Milkovich - Chapter 02 #57 58. A challenge in the design of future pay systems is how to better satisfy individual needs and preferences. (p. 46) TRUE Difficulty: Easy Milkovich - Chapter 02 #58
Difficulty: Medium Milkovich - Chapter 02 #50 51. (p. 42) How an organization positions its total compensation against competitors is part of external competitiveness strategic choices. TRUE Difficulty: Easy Milkovich - Chapter 02 #51 52. (p. 42) One of Whole Foods' employee contributions strategic compensation choices is to seek and engage employees who are going to help the company make money. FALSE Difficulty: Medium Milkovich - Chapter 02 #52 53. (p. 44) What business should a company be in and how does the company win are questions that are a part of mapping a total compensation strategy. FALSE Difficulty: Medium Milkovich - Chapter 02 #53 54. (p. 43) The fourth step of formulating a total compensation strategy is to reassess. TRUE Difficulty: Easy Milkovich - Chapter 02 #54 55. (p. 44) Useful compensation comparisons across countries may be done by focusing on hourly wages and productivity. FALSE Difficulty: Medium Milkovich - Chapter 02 #55 56. (p. 44) International compensation comparisons are challenging because retirement and health care programs, paid holidays and length of work week varies across countries. TRUE Difficulty: Easy Milkovich - Chapter 02 #56 57. (p. 45) Compensation strategy should reflect the organization's values. TRUE Difficulty: Easy Milkovich - Chapter 02 #57 58. (p. 46) A challenge in the design of future pay systems is how to better satisfy individual needs and preferences. TRUE Difficulty: Easy Milkovich - Chapter 02 #58
Test-bank-for-Compensation-10th-edition-by-George-T.-Milkovich.docx