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HRCI Exam GPHR Topic 3 Question 51 Discussion

Actual exam question for HRCI's GPHR exam
Question #: 51
Topic #: 3
[All GPHR Questions]

As the of its corporate restructuring program, a corporation has invest in a manufacturing site ten miles outside of Bnagkok, Thailand. Which of the following factors is NOT a labor market factor that might affect the compensation strategy?

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Suggested Answer: B

by Amie at Jul 29, 2023, 01:55 PM

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Brianne
1 months ago
Ha, I bet the test-makers are trying to trip us up with this one. Gotta keep our wits about us!
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Lonna
1 months ago
Hold on, I'm confused. Aren't interest rates and inflation usually pretty closely tied to the labor market? This question is trickier than it seems.
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Ceola
C) Demand for labor
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Tarra
27 days ago
B) Geographic concentration of labor around Bangkok, Thailand
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Dulce
1 months ago
A) Inflation and interest rates are rapidly rising
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Desmond
1 months ago
I disagree, I'd say the geographic concentration around Bangkok is the least relevant factor here. The types of remuneration sought by workers would be more important.
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Rory
2 months ago
Hmm, I think the correct answer is A. Inflation and interest rates aren't really a labor market factor, more of a macroeconomic one.
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Kiley
7 hours ago
Lanie: I think it could be the demand for labor or the types of renumeration sought.
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Angelo
12 days ago
User 3: So, what do you think is the labor market factor that might affect the compensation strategy?
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Lanie
19 days ago
User 2: I agree, those factors are more related to the overall economy.
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Maybelle
28 days ago
User 2: Yeah, it's more about the demand for labor and types of renumeration sought.
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Mattie
29 days ago
User 1: I agree, A doesn't seem like a labor market factor.
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Mindy
1 months ago
User 1: I think the correct answer is A. Inflation and interest rates aren't really a labor market factor, more of a macroeconomic one.
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Lindsay
2 months ago
But wouldn't the demand for labor also affect the compensation strategy?
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Delisa
2 months ago
I disagree, I believe it's D) Types of renumeration sought.
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Lindsay
2 months ago
I think the answer is A) Inflation and interest rates are rapidly rising.
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