What are the behaviors that compensation needs to enforce?
What will be an ideal response?
First, compensation should be sufficiently attractive to make recruiting and hiring good potential employees possible (attraction). Second, compensation should be used to ensure that the good employees stay with the company (retention). It should also concentrate on further building employee knowledge and skills (develop skills). Compensation should motivate employees to perform well on their jobs-to take their knowledge and abilities and apply them in ways that contribute to organizational performance.
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Which of the following is not an investing activity?
a. Purchase of investments for cash. b. Purchase of equipment for cash. c. Sale of merchandise for cash. d. Sale of land for cash.
In moving from the measurement model to the structural model:
A) The error terms are correlated with each other. B) The emphasis shifts from the relationships between latent constructs and measured variables to the nature and magnitude of the relationships between constructs. C) The exogenous constructs each become endogenous. D) The endogenous constructs become exogenous. E) None of the above
Answer the following statements true (T) or false (F)
1. One of the characteristics of the inbound supply chain for many projects is that it is short. 2. Doing a root cause analysis of why a project failed is one of the four fundamental steps needed to create and manage a project supply chain. 3. Potential benefits of the project to the company is included in calculating earned value. 4. Schedule efficiency refers to how closely the project’s progress is tracking relative to its original plan. 5. The need for more face-to-face meetings is an implication resulting from the increasingly global nature of projects and project teams.
In which of the following situations will compatibility management be of little or no importance?
A. Customers engage in numerous and varied activities B. Customers must wait for the service C. Customers are in close proximity to each other D. The service environment attracts a homogeneous customer mix E. The core service is compatibility