Phil, the Owner of Eastline Electronics, Recently Learned That the Current

question 22

Multiple Choice

Phil, the owner of Eastline Electronics, recently learned that the current rate being paid for the position of engineering assistant at his firm falls significantly below the wage line. Which of the following steps should Phil most likely take to correct this problem?

• A)enact a pay freeze for that job
• B)assess a decrease in wages
• C)pay a one-time bonus
• D)provide a pay raise

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Definitions:

International Trade

The exchange of goods and services between countries, which allows for increased efficiency and market expansion.