Question 1

An organization is creating an incentive pay plan for its global executives. Due to time pressures, the HR Director is not able to perform a complete analysis as to the measures that should be evaluated for each executive. Therefore, since the focus of the organization this year is on meeting revenue targets in order to reach break-even in 2 years, the HR Director and CEO recommend to the Board of Directors an incentive plan for each executive tied to this year’s revenue only. Which of the following statements is true in regards to the incentive pay plan?

Options :

A : This is not an effective executive incentive pay plan because it does not have a sunset clause

B : This executive incentive pay plan is not a win-win situation

C : This is not an effective executive incentive pay plan because it does not incorporate goals line of sight

D : This is not an effective executive incentive pay plan because it does not aligned with the organizational goals and objectives

Answer: C

Question 2

Which of the following Acts requires employers to pay nonexempt employees who perform regular duties before or after their regular hours or for working during their lunch period?

Options :

A : Davis Bacon Act

B : Portal to Portal Act

C : Equal Pay Act (EPA)

D : Service Contract Act

Answer: B

Question 3

Which of the following BEST identifies the stages in the strategic planning process ?

Options :

A : Mission & Vision -> Determine Strategic Issues by performing a Gap Analysis, SWOT Analysis, & Benchmarking -> Strategy Formulation -> Strategy Implementation -> Evaluation & Control

B : Strategy Development -> Strategy Formulation -> Strategy Implementation -> Strategy Evaluation

C : Mission & Objectives -> Strategy Formulation -> Environmental scanning -> Strategy Implementation -> Evaluation & Control

D : Mission & Objectives -> Determine Action Plans -> Strategy Implementation -> Evaluation & Control

Answer: A

Question 4

Which of the following Acts establishes mandatory safety and health standards for mine operators and monitors operations throughout the United States?

Options :

A : FLS act

B : SBREF act

C : OSH act

D : MSH act

Answer: D

Question 5

The success of an internal business process is evaluated by the extent to which that process meets the 07354595222F45DC264FB46B89E568BD objectives of its function. Which of the following best describes this measurement of success?

Options :

A : Management by objective

B : Effectiveness

C : Balanced screcard

D : Efficiency

Answer: B

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