Total Compensation Does NOT Include

question 36

Multiple Choice

Total compensation does NOT include:

• A)insurance benefits
• B)base pay
• C)relational returns
• D)incentives
• E)allowances

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Definitions:

Values

Core beliefs or principles that guide an individual's or organization's behavior and decision-making processes.

Tactical Goal

Short-term objectives set by an organization that are aimed at achieving a specific part of a larger strategic plan.

Corporate Strategy

a long-term, overarching plan of a corporation designed to achieve specified objectives while managing competition and market challenges.

Business Strategy

A plan developed by an organization detailing how it will use its resources to achieve its goals and stand out in the market.