Explain consumer price index

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Reference no: EM132958647

What will most likely result from determining wage increases solely based on the consumer price index?

a. Stronger pay-for-performance perceptions will occur.

b. Employees will be motivated in the short run.

c. Pay rates within a pay structure will be compressed.

d. A more equitable compensation system will be created.

Which plan helps employees provide support to parents and other aging relatives while remaining actively at work?

a. old-age security benefit

b. family allowance benefit

c. eldercare benefit

d. hospitalization residential care benefit

Organizations may refer to "human capital" as their competitive advantage. What is human capital?

a. individual learning and organizational development

b. core sets of knowledge and expertise that give an organization an edge over its competition

c. the combination of human knowledge and organizational support

d. organizational learning potential leading to organizational knowledge

Why must an organization's plans, policies, and procedures continually change?

a. to attract younger employees to organization

b. to keep pace with new technology

c. to confuse competitors about organization's focus

d. to adapt to conditions that are always changing

Reference no: EM132958647

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