Coordination Refers to

question 60

Multiple Choice

Coordination refers to

• A)the division of labor within an organization.
• B)the performance of specific tasks by specific people.
• C)the procedures that link the various parts of the organization to achieve the organization's overall mission.
• D)the need for specific tasks in the functional fields.
• E)the way the positions in the firm are organized.

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Definitions:

Formulation Of Compensation Strategy

The process of defining how an organization structures and offers compensation in order to attract, motivate, and retain employees.

Successful Formulation

The process of effectively creating or devising plans, strategies, or products that achieve desired outcomes or objectives.

Compensation Strategy

A plan or approach developed by an organization to determine how to use compensation and benefits effectively to attract, retain, and motivate employees.

Job Evaluations

The systematic process of determining the relative worth of jobs within an organization in order to establish a fair and equitable wage and salary structure.