HRCI GPHR Exam - Topic 3 Question 51 Discussion

Actual exam question for HRCI's GPHR exam

Question #: 51
Topic #: 3

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?

AInflation and interest rates are rapidly rising

BGeographic concentration of labor around Bangkok, Thailand

CDemand for labor

DTypes of renumeration sought

Show Suggested Answer

Suggested Answer: B

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

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Marisha

6 months ago

Demand for labor is key, but types of remuneration? Not so much.

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Felicidad

6 months ago

Geographic concentration definitely matters for compensation!

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Leontine

7 months ago

Wait, how is inflation not a labor factor? Seems off.

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Gail

7 months ago

Totally agree, option A isn't about labor directly!

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Matilda

7 months ago

Inflation and interest rates can impact overall costs.

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Laurel

7 months ago

I practiced a similar question where we had to identify factors affecting compensation, and I think inflation is more of an economic factor than a labor market one.

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Natalie

7 months ago

I'm torn between options A and D. Types of remuneration seem more about employee preferences than the labor market itself, right?

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Andra

8 months ago

I remember discussing geographic concentration in class, so I feel like that one is definitely a labor market factor.

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Ammie

8 months ago

I think inflation and interest rates might not be directly related to labor market factors, but I'm not entirely sure.

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Torie

8 months ago

The gearing point is an important one. If the company is trying to reduce its leverage, then the preference shares would be the better choice.

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Loreta

8 months ago

Alright, time to put on my problem-solving hat. I'll need to carefully analyze the requirements for each user group and then try to match that with the cluster configurations provided. This is going to take some careful thought, but I think I can figure it out.

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Brianne

1 year 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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Annmarie

11 months ago

C) Demand for labor

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Cassi

11 months ago

B) Geographic concentration of labor around Bangkok, Thailand

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Pamela

12 months ago

A) Inflation and interest rates are rapidly rising

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Lonna

1 year 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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Thomasena

11 months ago

D) Types of renumeration sought

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Sylvia

11 months ago

C) Demand for labor

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Argelia

11 months ago

B) Geographic concentration of labor around Bangkok, Thailand

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Kris

12 months ago

A) Inflation and interest rates are rapidly rising

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Dona

12 months ago

D) Types of renumeration sought

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Ceola

12 months ago

C) Demand for labor

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Tarra

1 year ago

B) Geographic concentration of labor around Bangkok, Thailand

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Dulce

1 year ago

A) Inflation and interest rates are rapidly rising

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Desmond

1 year 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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