What Kind of Strategy Is an Organization Using If It

question 56

Multiple Choice

What kind of strategy is an organization using if it attempts to pay wages slightly below industry norms?

• A)outsourcing
• B)compensation
• C)differentiation
• D)lag

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Definitions:

Case Study

A research method involving an up-close, in-depth, and detailed examination of a subject of study (the case), as well as its related contextual conditions.

Experimental Study

A research methodology involving the manipulation of variables to determine their effect on a particular outcome or to test a hypothesis.

Masked Design

A research design in which participants do not know which treatment group they are in to prevent bias; also known as a blinded design.

Placebo

An inert or non-therapeutic substance given to a control group in clinical trials to assess the psychological impact of receiving a treatment.