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Human Resource Management15th EditionJohn David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine 249 solutions Answer should include the following main points: Discretionary benefits, like core compensation, can contribute to a company's competitive advantage. Management can use discretionary benefit offerings to promote particular employee behaviors that have strategic value. A company can use discretionary benefits to distinguish itself from the competition. Discretionary benefits also serve a strategic purpose by accommodating the needs of a diverse workforce. Finally, the tax advantage afforded companies from offering particular discretionary benefits has strategic value. Upgrade to remove ads Only ₩37,125/year
Terms in this set (22)Which of the following indicates the need for more health care workers in the future ? Greater Medicare programs Aging baby boomers Which of the following is an example of an "employee retention" function ? Job Analysis Managing compensation and benefits Incentive compensation is believed to have what effect on the employee performance ? Increase retention Increase Motivation Performance appraisals are useful to: Identify areas of performance needing improvement All of the above Not all HR functions are carried out exclusively by HR staff. Which one of the following would be carried out by line managers ? Interviews of candidates All of the above Flexible benefits are helpful to employees because: They can choose benefits inline with their needs They can choose benefits in line with their needs Recent information from the literature concerning employee perceptions suggest that: Compensation is more important than benefits Benefits is more important than compensation Job analysis is necessary to: Define
Jobs Define Jobs Position descriptions are necessary to: Define employer expectations for the job All of the above Human resources decisions need to be strategic because of: Increasing competition among HSOs Increasing competition among HSOs Major federal laws affecting human resources primarily addresses: Protections for applicants and rights of employees Protections for applicants and rights of employees Employee Assistance programs address: Incentive compensation for employees Employee Problems Employee Suggestion Programs: Usually do not reward top suggestions Are viewed by employees as positive because of the opportunity to have input The National Labor Relations Board provides guidance for HR in addressing: Unions and collective bargaining Unions and collective bargaining The best way for management in HSOs to avoid unions is to: Foster positive communication with employees All of the above A 360 degree performance appraisal is helpful because it: Includes the
perceptions of others in addition to an employee's manager Include perceptions of others in addition to an employee's manager Benefits include all of the following except: Retirement Plan Salary Staff shortages can lead to: Dissatisfied staff All of the above Which of the following is a typical measure used by senior management to directly assess performance of HR efforts ? Profitability Staff satisfication The perspective that HSO employees should be viewed as a strategic asset means: Organizational performance is based on individuals Organizational performance is based on individuals Leadership Development Programs in HSOs: Are found in less than 10% of HSOs Serve as requirement tool for HSOs Which of the following is an example of an HSOs Employee Relations and Engagement efforts? "Walk-arounds" by managers "Walk arounds" by managers Students also viewedch 1320 terms masker_4 Quiz 12/1310 terms Jennifer_Goldenstern chapter 1411 terms braswellaePlus HM: Chapter 12- FOR FINAL STUDY19 terms RoseK369 Sets found in the same folderch 920 terms masker_4 HSA 358 Exam 363 terms Nina_Geleta ch 1320 terms masker_4 CH.1010 terms figueroa17 Other sets by this creatorScience vocab19 terms angelle_lataxes Cells23 terms angelle_lataxes Science Chapter 2 Lesson 13 terms angelle_lataxes Ss1128 terms angelle_lataxes Verified questions
algebra Merissa wants to borrow $12,000 to purchase a used boat. After looking at her monthly budget, she realizes that all she can afford to pay per month is$250. The bank is offering a 6.1% loan. What should the length of her loan be so that she can keep within her budget? Round to the nearest year. Verified answer
question Backcountry Adventures is a Colorado-based outdoor travel agent that operates a series of winter backcountry huts. Currently, the value of the firm (debt $+$ equity) is $\$ 3.5$ million. But profits will depend on the amount of snowfall: If it is a good year, the firm will be worth $\$ 5$ million, and if it is a bad year it will be worth $\$ 2.5$ million. Suppose managers always keep the debt to equity ratio of the firm at $25 \%$, and the debt is riskless. a. What is the initial amount of debt? b. Calculate the percentage change in the value of the firm, its equity and its debt once the level of snowfall is revealed, but before the firm adjusts the debt level to achieve its target debt to equity ratio. c. Calculate the percentage change in the value of outstanding debt once the firm adjusts to its target debt-equity ratio. d. What does this imply about the riskiness of the firm's tax shields? Explain. Verified answer question Stocks A and B have the following historical returns:" $$ \begin{matrix} \text{Year} & \text{Stock A's Returns, }{r_A} & \text{Stock B's Returns, }{r_B}\\ \text{2011} & \text{(18.00\\%)} & \text{(14.50\\%)}\\ \text{2012} & \text{33.00} & \text{21.80}\\ \text{2013} & \text{15.00} & \text{30.50}\\ \text{2014} & \text{(0.50)} & \text{(7.60)}\\ \text{2015} & \text{27.00} & \text{26.30}\\ \end{matrix} $$ a. Calculate the average rate of return for each stock during the period 2011 through 2015. b. Assume that someone held a portfolio consisting of 50% of Stock A and 50% of Stock B. What would the realized rate of return on the portfolio have been each year? What would the average return on the portfolio have been during this period? c. Calculate the standard deviation of returns for each stock and for the portfolio. d. Calculate the coefficient of variation for each stock and for the portfolio. e. Assuming you are a risk-averse investor, would you prefer to hold Stock A, Stock B, or the portfolio? Why? Verified answer
question An analyst studies quarterly data on the relationship between retail sales ( $y$, in dollar millions), gross national product ( $x$, in dollar billions), and a quarterly dummy $d$ that equals $1$ if the sales are for the $4$th quarter, $0$ otherwise. He estimates the model $$ y=\beta_0+\beta_1 x+\beta_2 d+\beta_3 x d+\varepsilon. $$ Relevant regression results are shown in the accompanying table. $$ \begin{array}{|l|r|r|r|r|} \hline & \text { Coefficients } & \text { Standard Error } & \text { Stat } & \text { p-Value } \\ \hline \text { Intercept } & 186553.3 & 56421.1 & 3.31 & 0.002 \\ \hline x & 55.0 & 4.6 & 12.08 & 0.000 \\ \hline d & 112605.8 & 117053.0 & 0.96 & 0.342 \\ \hline x d & -4.7 & 9.3 & -0.50 & 0.618 \\ \hline \end{array} $$ a. Interpret the dummy variable, $d$. Is it significant at the $5 \%$ level? b. Interpret the interaction variable. Is it significant at the $5 \%$ level? Verified answer Recommended textbook solutionsConsumer Behavior: Buying, Having, Being13th EditionMichael R Solomon 449 solutions HDEV56th EditionSpencer A. Rathus 380 solutions Myers' Psychology for the AP Course3rd EditionC. Nathan DeWall, David G Myers 956 solutions
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Which of the following is an example of an employee assistance program quizlet?
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