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WGU C202 Managing Human Capital All Exam: Questions and Answers (2024/2025) (Verified Answers by Expert) Assured A+. 1. Direct financial compensation - compensation received in the form of salary, wages, commissions, stock options or bonuses 2. indirect financial compensation - all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance 3. nonfinancial compensation - rewards and incentives given to em...

Strategic Management the integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Strategy set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. Three things for good strategy 1. diagnosis of competitive challenge 2. guiding policy to address competitive challenge 3. A set of coherent actions to implement the firm's guiding policy. competitive advan...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...

Strategic management Correct Answer the integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Mastery of strategic management enables you to view a firm in its entirety Strategy Correct Answer a set of goal-related actions a firm takes to gain and sustain superior performance relative to competitors. To achieve superior performance companies compete for resources Strategies 3 elements Correct Answer diagnosis of competi...

C236 WGU Exam Questions with Correct Answers Absolute Level - Answer-The reward can be defined. Paying an employee $50,000 salary per year, for example. Administrative - Answer-Pertaining to the activities of running an organization or a business. Anchored Rating Scale - Answer-Uses examples or definitions of typical behaviors to define each point along the scale. Autonomy - Answer-Giving employees discretion in choosing what to do and how to do it. Bad Data Challenge - Answer-Exi...

WPC 480 Final Exam Questions with Complete Solutions What is strategy? - ANSWER An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? - ANSWER Internal and External. What are the 3 business strategies? - ANSWER 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? - ANSWER Superior performance relative to other competitors in the same industry or ...

Direct financial compensation - correct answer compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - correct answer all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - correct answer rewards and incentives given to employees that aren't financial in nature base pay - correct answer reflects th...

WGU C236 Compensation & Benefits Test (2024) || All Questions & Solutions (100% Correct) WGU C236 Compensation & Benefits Test (2024) || All Questions & Solutions (100% Correct) Job and pay form-specific reward strategies allows for: - ANSWER - Maximum customization as the organization positions its pay relative to the market differently for different jobs and pay forms As a general rule, base pay strategies rarely lead the market by more than - ANSWER - 10% The benefits of incorporati...

WGU C202 MANAGING HUMAN CAPITAL EXAM QUESTIONS AND VERIFIED ANSWERS (2024 / 2025) / A+ GRADE Direct financial compensation - ANSWERS compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - ANSWERS all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - ANSWERS rewards and incentives given to empl...

Direct financial compensation - compensation received in the form of salary, wages, commissions, stock options or bonuses indirect financial compensation - all the tangible and financially valued rewards that are not included in direct compensation including free meals, vacation time and health insurance nonfinancial compensation - rewards and incentives given to employees that aren't financial in nature base pay - reflects the size and scope of an employee's responsibilities sever...