Which of the following is true of the role of government in employment relationships? correct answers General economic growth/demand and business activity can be influenced through government monetary policy.
The extent of discretion managers possess to make total compensation a strategic tool i...
MGMT 353 || with 100% Errorless Answers.
Which of the following is true of the role of government in employment relationships? correct
answers General economic growth/demand and business activity can be influenced through
government monetary policy.
The extent of discretion managers possess to make total compensation a strategic tool is referred
to as ... ... correct answers managerial autonomy
Global Supply Chain Associates Corp., a multinational logistics company, uses ... ... ... ..., which
essentially use pay for performance, worker engagement in decisions, use of teams, and
ability/performance-based recruitment and growth. correct answers high (H) performance (P)
work (W) systems (S)
True or false: The assumption that pay systems must be established to accommodate various
national cultures is predicated on the belief that most of a country's residents share a national
character. correct answers true
Which of the following can be considered an indicator of employment regulation? correct
answers The flexibility that employers have to hire and fire workers
Which of the following statements is true of countries with decentralized pay-setting? correct
answers Wage bargaining occurs with little government participation
Faced with the pressures of controlling labor costs and/or increasing productivity, many Japanese
companies are trying to maintain ...-... ... and are finding ways to reward less senior employees.
correct answers long-time employment
The _____ sets wages according to the home-country system and provides employees large
amounts of money to offset variations in standards of living. correct answers cafeteria approach
While the balance sheet approach links salary to the home country, the ... ... ... links salary to a
region.
Listen to the complete question correct answers modified balance sheet
In the context of company-owned housing, ... ... are built in sections of major cities where
various international corporations group their expatriates. correct answers expatriate colonies
Which of the following is true of norms in the balance sheet approach to determine expatriate
compensation? correct answers They are based on surveys conducted by consulting firms.
The base salary and incentives for expatriate jobs is usually ascertained through _____ or some
system of "job leveling." correct answers job evaluation
Match the alternatives to the balance sheet approach (in the left column) with their meanings (in
the right column).
,Negotiation
Localization correct answers Negotiation-This means an employer and employee find a mutually
agreeable package
Localization-This associates salary to the host country's salary scales and provides some cost-of-
living allowances for taxes, housing, and dependents
In the context of pay systems, which of the following is true of globalizers? correct answers
They pursue a system that can be used to support consistency across all global locations.
Most North American, European, and Japanese global firms combine the elements of expatriate
compensation in a ... ... ... correct answers balance sheet approach
What are the terms associated with the various service allowances and premiums that an
expatriate receives? (Check all that apply.) correct answers The expatriate must work with less
direct supervision than a domestic counterpart.
The expatriate must often work and dwell in strange and sometimes uncongenial locations.
The expatriate must represent the employer in the host country.
... are workers temporarily working and residing in a foreign nation. correct answers Expats
In the context of the balance sheet approach to determine expatriate compensation, norms are
meant to reflect _____ in the home country for an individual at a particular salary level with a
particular family pattern. correct answers consumption patterns
What are the objectives of the balance sheet approach? (Check all that apply.) correct answers To
ensure mobility of people to global assignments
To ensure that expatriates neither gain nor lose financially
Expatriates who are citizens of neither an employer's parent country nor the foreign nation where
they are residing and working are called _____. correct answers third-country nationals
Most employers pay income tax dues to the host country and/or the home country through ... ...
correct answers tax equalization
Identify the various compensation strategies used by companies with global operations. (Check
all that apply.) correct answers Localizer
Exporter
Globalizer
,Which of the following have brought changes to traditional German pay systems? (Check all that
apply.) correct answers Technological changes
Global competitive pressures
True or false: Workers in Japanese pay systems receive annual wage increments irrespective of
the degree of their performance until age 50. correct answers true
Match the different traditional pay systems (in the left column) with their pay objectives (in the
right column).
Pay systems in Japan
Pay systems in Germany
Pay systems in the United States correct answers Pay systems in Japan-Pay objectives focus on
the long term (age and security) and support high commitment (seniority-based/ability-based)
Pay systems in Germany-Pay objectives include mutual long-term commitment, security,
egalitarian pay structures, and cost control through tariff agreements
Pay systems in the United States-Pay objectives focus on the shorter term (less job security), are
market-sensitive, and emphasize cost control (variable pay based on performance)
What are the advantages of hiring local country nationals? (Check all that apply.) correct
answers They are familiar with local conditions and have associations with local customers,
suppliers, and government regulators.
They help the company save on relocation expenses and other major expenses associated with
the hiring of expatriates.
Expatriates who are citizens of an employer's home country and residing and working in another
nation are called _____. correct answers parent-country nationals
In the context of pay systems, identify a feature of localizers. correct answers They work
independently of the company headquarters.
True or false: A relatively inflexible labor market in Germany has made it harder for employers
to expand to other EU countries. correct answers false
Which of the following is a change introduced in the Japanese pay system? correct answers
Some companies have eliminated seniority-based pay.
True or false: Nationalistic demands of hiring locals can be satisfied by providing employment to
local country nationals. correct answers true
Match the different traditional pay systems (in the left column) with their features (in the right
column).
, Pay systems in Japan
Pay systems in Germany
Pay systems in the United States correct answers Pay systems in Japan-They are consistent with
low turnover/high commitment and high security
Pay systems in Germany-They tend to be more bureaucratic and rule-bound
Pay systems in the United States-They are consistent with higher turnover and greater skepticism
about change
Which of the following are the determinants of base pay in German pay systems? (Check all that
apply.) correct answers Job evaluations
Job descriptions
Employee age
_____ are citizens of a foreign nation where a parent employer operates. correct answers Local
country nationals
In the context of pay systems, which of the following is a feature of exporters? correct answers
They develop a total pay system at headquarters that is to be used at all global locations.
In German pay systems, various ... ... are worked out for all industrial sectors by employers and
unions. correct answers tariff agreements
What are the legally mandated benefits in Japan? (Check all that apply.) correct answers Social
security
Workers' compensation
Unemployment compensation
The seniority-based pay systems in Japan have led to _____. correct answers the rise in labor
costs as the average age of the workforce increases
Which of the following is true of bonuses in a traditional German pay system? correct answers
Performance-based bonuses have not been part of a traditional German pay system for unionized
workers.
Which of the following is a feature of German pay systems? correct answers Over 90 different
laws apply to pay decisions.
Which of the following is true of employee benefits and allowances in Japanese pay systems?
correct answers Company housing usually takes the form of dormitories for single employees.
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