100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank for Strategic Compensation in Canada, 7th Edition by Parbudyal Singh CA$41.29   Add to cart
Quickly navigate to
Preview
  2.  
  3. Human Resources Management
  4.  
  5. Human Resources Management
  6.  
  7. Human resources management

Exam (elaborations)

Test Bank for Strategic Compensation in Canada, 7th Edition by Parbudyal Singh
 21 views  0 purchase

Test Bank for Strategic Compensation in Canada 7e 7th Edition by Parbudyal Singh, Richard Long. ISBN-13: 8442 Full Chapters test bank included - True False and Multiple Choice Questions Chapter 01 Chapter 02 Chapter 03 Chapter 04 Chapter 05 Chapter 06 Chapter 07 Chapter 08 Chapter 09 ...

[Show more]

Preview 1 out of 97  pages

Document information

  • April 30, 2023
  • 97
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

All documents for this subject (120)

Seller

avatar-seller
Tutor247

Reviews received

Content preview

CHAPTER 01 7e


1. There is no one best compensation system that fits all firms.

*a. True
b. False


2. An effective compensation system is important to most organizations
because it can mean the difference between company success and failure.

*a. True
b. False


3. The main similarity between extrinsic rewards and intrinsic rewards
is that they both satisfy so-called higher order needs such as survival
and security.

a. True
*b. False


4. A reward strategy is the plan for the mix of rewards to be provided
to organization members along with the means through which they will be
provided.

*a. True
b. False


5. Compensation strategy includes the â œhowâ and â œhow muchâ in
terms of compensation to be paid.

*a. True
b. False


6. The main difference between a reward system and a compensation
system is that a reward system rewards only good performance while a
compensation system provides pay to all employees.

a. True
*b. False


7. A compensation system has two components: base pay and performance
pay.

a. True
*b. False


8. The optimal compensation system is one that adds the most value to
the organization, after considering all its costs.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$41.29. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

70840 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$41.29
  • (0)
  Add to cart