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Question 1

Which of the following is an example of a group incentive pay plan?

Options :

A : Piece rate plan

B : Commissions

C : Gainsharing plan

D : Profit-sharing plans

Answer: C

Question 2

One of the requirements of the Uniformed Services Employment and Reemployment Rights Act of 1994 is that employers must grant a leave of absence for military service. Typically, how long must an employer grant leave to the individual for military service?

Options :

A : Five years

B : Seven years

C : Two weeks

D : One year

Answer: A

Question 3

Which of the following occurs when two or more organizations are combined into a single entity?

Options :

A : Workforce reduction

B : Lockout

C : Merger

D : Reengineering

Answer: C

Question 4

A company operating in multiple high-inflation countries must adjust its expatriate compensation system to retain assignees. What is the MOST appropriate compensation mechanism to apply?

Options :

A : Host-country balance sheet

B : Home-country balance sheet with a guaranteed minimum COLA

C : Localization with one-time inflation bonuses

D : Global compensation ratio linked to inflation indices

Answer: B

Question 5

Which of the following is NOT considered a competitive advantage strategy ?

Options :

A : Above Market Compensation Structure

B : Product differentiation

C : Cost advantage

D : Customer Intimacy

Answer: A