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:

MBCA

Stands for the Model Business Corporation Act, which is a model set of laws prepared by the Committee on Corporate Laws of the American Bar Association, guiding the governance and regulation of corporations in the United States.

Passive Investors

Individuals or entities that invest in a venture but are not actively involved in its day-to-day management.

Wall Street Rule

A principle suggesting that investors should sell shares of firms that adopt unwelcome or undesirable policies instead of seeking to change the management's actions through engagement.

Co-Determination

a system or practice, particularly in some European countries, where workers or their representatives have a role in the management and decision-making processes of a business.