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C8 Exam Dumps - Business Acumen for Compensation Professional

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Question # 9

What challenge is most likely faced by a business with low market share and high growth potential?

A.

Its ability to generate profits is unknown.

B.

It is in the worst market position and has insufficient resources to continue operations.

C.

It is unclear how to best utilize the high cash flow to sustain growth.

D.

Its excess resources are often used to develop other businesses that may not be mission-critical.

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Question # 10

You have been asked to develop a short-term incentive plan that motivates employees in business units to increase productivity. Your team has designed a plan that rewards managers and employees quarterly based on achievement against target on measures that should generate productivity increases that will self-fund the plan. When presenting the plan to senior management, what would be the best strategy to receive approval?

A.

Demonstrate how it is aligned to the rewards philosophy, principles and organizational business strategy

B.

Provide details on the plan design and measures and how they will be administered to employees at different levels

C.

Make the case that a self-funded plan poses no risk to the organization while creating the potential for significant gains

D.

Identify in advance the priorities of the various stakeholders and design your presentation to address any objections or perceptions they may have

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Question # 11

Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?

A.

Production worker

B.

Account executive

C.

IT contractor

D.

HR Director

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