In the Comparison of the Pay Systems of Two Well-Known

question 48

Multiple Choice

In the comparison of the pay systems of two well-known Japanese companies Toyota and Toshiba, Toyota _____.

• A)places greater emphasis on external market rates
• B)places lesser emphasis on individual-based merit pay
• C)uses far more levels in its structure
• D)places lesser emphasis on individual-based performance pay

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Definitions:

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.

Full Time

Employment status involving a commitment to work a standard number of hours per week, typically seen as 35-40 hours in various jurisdictions.

Baby Boomers

A demographic group born during the post-World War II baby boom, approximately between the years 1946 and 1964.

World War

A large-scale war involving many countries from different parts of the world, typically recognized by historians to include World War I and World War II.