Who are you most likely to hear from if there are questions about an employee's compensation?

• A.The employee
• B.A concerned co-worker
• C.The employee's department head
• D.The employee's manager

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What is the most accurate definition of organizational vision?

• A.A statement of what kind of organization it wants to be and the guiding principles and/or beliefs shared by stakeholders
• B.A detailed account of the organization's goals, directions to achieve them and how it will compete
• C.A description of who the organization is, where it is headed and what it wants for the future
• D.A written explanation of the intention or purpose of the organization and why it is in business

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Why are lump-sum increases generally used?

• A.To reward employees under short-term incentive plans
• B.To elevate employees who are below the midpoint in the range
• C.To make up for benefits not provided by the organization
• D.To control annual fixed costs from base pay adjustments

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What type of equity incentive gives employees the right to purchase company shares at a specified price?

• A.Restricted stock/shares
• B.Stock/share grants
• C.Stock/share options
• D.Performance units

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What do working capital metrics evaluate?

• A.A company's efficiency in converting short-term capital into cash
• B.A company's mean capital expenditure per employee
• C.The change in working capital over a specific period of time, typically one year
• D.The amount of cash needed to meet the company's short-term obligations

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