Norah Is Interested in Developing Her Compensation Policy

question 24

Multiple Choice

Norah is interested in developing her compensation policy.She wants to make a policy for which of the following? 

• A)the price and timing of raw materials, and other goods and services necessary to build, sell, and support products
• B)how pricing will be determined for your products and services
• C)the level of compensation and benefits for each type of position in the business
• D)the process and timing in which obligations to pay for products and services sold will be billed and collected

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Definitions:

Programs Creation

The process of developing and implementing structured sets of activities designed to achieve specific objectives.

Implementation Strategies

Plans and actions developed to effectively roll out and establish programs, policies, or changes within an organization.

Human Resource Management

The strategic approach to the effective management of people in an organization to help it gain a competitive advantage.

Organisational Mission

The core purpose and focus of an organization, guiding its strategies, goals, and actions.