Pass the WorldatWork Certified Compensation Professional CCP C8 Questions and answers with CertsForce

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Questions # 21:

Regarding market position, a business with a high market share but low growth potential is typically referred to as what?

Options:

A.

A Star


B.

A Question Mark


C.

A Market Leader


D.

A Cash Cow


Expert Solution
Questions # 22:

The Delta Company has experienced increased turnover in the past two years. Data from exit interviews indicate that most of those leaving did so for better opportunities and higher compensation. If Delta pays at the highest percentile of the market for their peer group, what data analysis should they do?

Options:

A.

Additional quantitative analysis to determine whether pay rates are truly competitive or existing data are unreliable


B.

Qualitative data collection to talk to key stakeholders and employees and determine whether the exit interviews accurately reflect their concerns


C.

Qualitative data collection in the form of an employee survey with questions about employee satisfaction with pay levels


D.

No additional data analysis is needed. Delta should increase pay rates based on the existing data to decrease turnover.


Expert Solution
Questions # 23:

What best describes a necessary skill and/or behavior in relation to business acumen?

Options:

A.

An understanding of the culture and subcultures of your organization


B.

The capacity to manage multiple projects and priorities and meet deadlines


C.

A willingness to take on additional duties and responsibilities when resources are limited


D.

A thorough understanding of the products and/or services your organization provides


Expert Solution
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