A Successful Compensation Scheme

question 195

Multiple Choice

A successful compensation scheme

• A)must pay workers with comparable skills a comparable wage.
• B)must induce effort from workers and ensure that both employer and employees benefit.
• C)must enable workers to enjoy a certain standard of living and must enable employers to earn a normal rate of return.
• D)must allow employees to participate in a firm's profits.

Identify different economic systems and their roles in the global economy.

Recognize the historical context and consequences of colonization.

Comprehend the technological innovations contributing to globalization.

Describe the role and characteristics of transnational corporations in the global economy.