Which of the Following Refers to the Creation of a Compensation

question 32

Multiple Choice

Which of the following refers to the creation of a compensation package that produces the employee behaviours that a company requires in order to achieve their competitive strategy?

• A) Cost-effective compensation plan
• B) Aligned reward strategy
• C) Hybrid pay structure
• D) Dual salary/commission plan
• E) Total benefits package

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Definitions:

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specified period.

Supply

The total amount of a specific good or service that is available to consumers.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a particular price over a given period of time.

Equilibrium Price

is the market price at which the quantity of goods supplied is equal to the quantity of goods demanded.