Scenario 9.2 Calendar "R" Us Ltd. Is a Small Firm That Manufactures

question 25

Multiple Choice

Scenario 9.2
Calendar "R" Us Ltd. is a small firm that manufactures yearly calendars with a specific focus on middle and high schools in Alberta. They started operations back in 2006 with just 12 employees, two machines, and a small warehouse that served as an office and production and storage facilities. Today, Calendar "R" Us has roughly 60 employees and supplies its calendars to most middle and high schools in Alberta. When employees join they are paid based on their relationship with the owners. Given the rapid growth in its staff complement, and the arbitrary way in which it normally compensates employees, payroll has proven to be quite a challenge for the company as management looks to expand into other provinces.
-Refer to Scenario 9.2. Calendar "R" Us wants to develop a set of compensation policies that are internally fair. Which of the following is helpful in making this decision?

• A) job evaluation
• B) external competition
• C) global comparisons of pay
• D) market surveys

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Definitions:

Third Party

An entity involved in a transaction or situation that is neither the primary nor the secondary involved parties.

Assign The Blame

The act of determining responsibility for a mistake or wrongdoing, typically involving the identification of the person or entity at fault.

Mildly Disappointing Information

Details or news that might slightly upset or discourage the recipient but not to a severe extent.

Negative Context

A situation or environment that creates a pessimistic or adverse impression, affecting perception or outcomes.