Question : 71.Which of the following pay structures would a company adopt, : 1243102

 

 

71.Which of the following pay structures would a company adopt, if it wants to adopt a pay structure that rewards employees based on their knowledge and competency?   

A.Delayering approach

 

B.Skill-based pay approach

 

C.Pay grade approach

 

D.Market survey data approach

 

E.Pay policy line approach

 

 

72.Which of the following is true of skill-based pay?   

A.It rarely provides the opportunity for leaner staffing levels.

 

B.It helps in making alternative arrangements for employee turnover.

 

C.It reduces worker flexibility.

 

D.It leads to a shortage of multi-skilled employees.

 

E.It gives rise to centralization of decision making.

 

 

73.Which of the following is a disadvantage of skill-based pay?   

A.It is not suited for jobs that require skills to adapt to change in technology.

 

B.It decreases worker flexibility.

 

C.It does not give knowledgeable people opportunities to make decisions.

 

D.It does not help deal with absenteeism or turnover.

 

E.It may give rise to large new labor costs but with little payoff.

 

 

74.Which of the following best describes gross domestic product?   

A.It is a measure of personal income.

 

B.It is the cost of producing a certain number of outputs produced in an economy.

 

C.It is the output produced by an employee in contrast to the input used by him.

 

D.It is the total output of an economy.

 

E.It is the total input used by an economy to produce a definite output.

 

 

75.During the recent financial crisis, the U.S. government, as part of the _____, decided it was appropriate to further regulate executive pay in firms receiving government “bailout” money.   

A.NCUA Corporate Stabilization Program

 

B.Troubled Asset Relief Program (TARP)

 

C.Public-Private Investment Program

 

D.Lilly Ledbetter Fair Pay Act

 

E.Emergency Economic Stabilization Act

 

 

76.Which of the following is an example of an equal employment opportunity regulation that prohibits sex- and race-based differences in employment outcomes such as pay, unless justified by business necessity?   

A.2009 Lilly Ledbetter Fair Pay Act

 

B.Title VII of the Civil Rights Act

 

C.Equal Pay Act of 1963

 

D.Taft-Hartley Act

 

E.Mann Act

 

 

77.Which of the following hypotheses argues that women were historically restricted to entering a small number of occupations, and as a result, the supply of workers far exceeded demand, resulting in lower pay for such occupations?   

A.Macho hypothesis

 

B.Strain hypothesis

 

C.Crowding hypothesis

 

D.Contact hypothesis

 

E.Calibration hypothesis

 

 

78._____ is a public policy that focuses primarily on advocating remedies for any undervaluation of women’s jobs.   

A.Equal opportunity

 

B.Glass ceiling

 

C.Efficiency wage

 

D.Comparable worth

 

E.Minimum wage

 

 

79.Which of the following is the primary focus of the Title VII of the Civil Rights Act?   

A.It makes it mandatory for firms to give women maternity leave.

 

B.It restricts the setting up of labor unions.

 

C.It promotes the setting up of labor unions.

 

D.It supports equal pay for jobs of equal content.

 

E.It supports equal pay for jobs of equal value.

 

 

80.Which of the following is typically used to measure pay equity?   

A.Job evaluation

 

B.Job analysis

 

C.Job description

 

D.Job design

 

E.Job enlargement