Krista's Organization Uses a Differentiation Strategy

question 75

Multiple Choice

Krista's organization uses a differentiation strategy.To encourage worker to bring knowledge,skills,and abilities to the job that can allow them to analyze problems and come up with creative solutions,Krista might adopt a(n) ________ organizational philosophy on compensation.

• A)pay secrecy
• B)above-the-market
• C)at-the-market
• D)competency-based pay

---

Definitions:

Marginal Social Cost

The incremental cost borne by society due to the production of an extra unit of a good or service.

iTunes Download

A digital file, such as music or a movie, purchased and downloaded from Apple's iTunes platform.

Marginal Benefit

The increase in satisfaction or usefulness gained from the consumption of an additional unit of a good or service.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.