When the Company Faces Relatively Weak Pressures for Local Responsiveness

question 108

Short Answer

When the company faces relatively weak pressures for local responsiveness and cost reductions,a ________________ strategy is usually most appropriate.

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Definitions:

Skill-based Pay

A compensation strategy that rewards employees for the skills and knowledge they possess, rather than for their job title or position.

Organization Performance-based

Refers to the concept of evaluating and managing the performance of an organization based on specific outcomes and results rather than solely on processes.

Profit Sharing

A company policy of distributing a portion of its net profits to its employees.

Team

A group of individuals working together towards a common goal, often characterized by collaboration, communication, and mutual support.