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Why Is It Useful for Organizations to Think in Terms

question 91

Essay

Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.


Definitions:

Symbolic Fitting In

The concept where individuals use brands or products as symbols to align themselves with specific social groups or statuses.

Functional Benefits

The practical or utilitarian advantages that a product or service offers to its users, distinct from emotional or psychological benefits.

Collective Identity

The shared sense of belonging to a group, defined by mutual interests, values, cultural practices, or viewpoints, contributing to the cohesion and solidarity among its members.

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