Internal Alignment May Be Achieved By

question 37

Multiple Choice

Internal alignment may be achieved by:

• A)comparing pay between jobs or skill levels inside a single organization
• B)paying below-market base wages but offering training and rapid promotion
• C)matching competitors' wage rates
• D)compensating employees at above-market rates
• E)creation of cross-functional departments

---

Definitions:

Tax

A tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Consumer Surplus

The discrepancy between the amount consumers are prepared to spend on a product or service and the actual price they pay.

Consumer Surplus

The gulf between the aggregate amount consumers are willing to allocate for a good or service and what they actually end up paying.

Producer Surplus

The variance between the minimum amount producers are prepared to take for a product and the actual payment they get.