Today, MNCs Taking a TQM Approach Are

question 71

Multiple Choice

Today, MNCs taking a TQM approach are:

• A)Decentralized
• B)Top heavy
• C)Customer-driven
• D)Reengineered

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Definitions:

Compensation Policy

A set of guidelines that an organization follows to determine how employees will be compensated, including salaries, benefits, and bonuses.

Pay Inequities

Situations where there is an unfair or unequal distribution of pay among employees, often due to discrimination based on gender, race, or other factors.

Annual Payroll

The total amount of money paid to employees by a business over the course of a year, including wages, salaries, bonuses, and deductions.

Job Evaluation

A systematic method for determining the relative worth of a job in relation to other jobs within an organization.