Strategicbenefit Plans Describe the Use of Compensation and Benefits Practices

question 12

True/False

Strategicbenefit plans describe the use of compensation and benefits practices that support both HR strategies and competitive strategies.(Basic Strategic Planning Concepts)

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Definitions:

Technological Innovations

The development and application of new technologies and ideas that improve products, processes, or services.

Sales Manager

A person who directs an organization's sales team, oversees its operations, and strives to achieve sales targets.

Order-taker

An individual whose primary job responsibility is to take customer orders in a retail or B2B setting, often without the requirement to upsell.

CRM System

A set of information technology tools used to help companies stay connected to customers and prospects, streamline processes, and improve profitability.